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The question

Is it permissible to dispose of ill-gotten gains resulting from depositing money in an interest-based bank by investing it in a project and developing its profits to spend on the poor, instead of donating it directly?

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

Dealing with usury is a major sin and necessitates repentance. Usurious gains are ill-gotten wealth that cannot be given as charity. It must be immediately spent on general Muslim welfare or given to the poor and needy. It is not permissible to keep it with the intention of developing it or trading with it, as unlawfully acquired wealth must be disposed of immediately.

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
89630
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