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The question

Is it permissible to spend from the interest of usurious banks on oneself, and what is incumbent upon one who has previously spent from it while having no other source of income?

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

The aforementioned profit is permissible if the money is in an Islamic bank and the account is an investment account that invests in permissible matters. However, if the account is in an interest-based (usurious) bank, then one must repent from it, close the account, and dispose of the profit by giving it to general Muslim welfare, because it is prohibited usury (riba), and it is not permissible to benefit from it except for the poor and needy. If any of it has been used, then repentance is required through regret, and if one is wealthy, they should donate an equivalent amount.

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
100453
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