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Is it okay to use interest money from LIC or bank fixed deposit for giving dowry?

Answered as per Hanafi Fiqh by Darulifta-Deoband.com
Could you pls inform can I use the interest money received from LIC or from any fix deposit with any bank in giving the dowry to my daughter in her marriage. Is this ok ? Thanks

Answer

(Fatwa: 763/636/B=1432)

No. It is unlawful and haram to utilize the interest money in one’s own need or for children. This amount should be given to the poor and needy ones without the intention of reward.

Allah (Subhana Wa Ta’ala) knows Best

Darul Ifta,
Darul Uloom Deoband

This answer was collected from the official ifta website of Darul Uloom Deoband in India.

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