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The question

Is it permissible to deposit money in the bank for interest and then donate the entire interest to the needy?

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Source: FtawySummary from Ftawy's records · added here Sep 2, 20261 min readAlso available in العربية
The answer

It is not permissible to use an unlawful means for a lawful purpose, based on the Almighty's saying: (And do not aim for what is bad to spend from it), and the Prophet's (PBUH) saying: "Indeed, Allah is good and accepts only what is good." Consequently, there is no reward in it; rather, there is sin if it is done intentionally, unless it was due to ignorance or necessity.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
31224
Added here
. This is when the answer was added to El Fatwa, not the fatwa's date.
Text
Summary from Ftawy's records, reviewed by El Fatwa's sharia committee.
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Read the full answer on Ftawy