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Using interest money if one is in need

Answered as per Hanafi Fiqh by Muftionline.co.za

Q: The question arises that few months ago my father had passed away after that there are no men in our family by which we can get financial support that is why some of the money that we are having are basically invested in the government scheme so the first question is that can we use that profit for groceries? We do not have any men in our family. Second question is that are we allowed to give zakaat from this profit?

Bismillaah

A:

1. If you are in need then you may use this money.

2. If the government scheme that you invested in is interest based then the interest amount must be given in charity without the niyyat of thawaab. If you yourself are in need you may use that for your own needs. And if the scheme was in a halaal investment then you will have to pay zakaat on it.

And Allah Ta’ala (الله تعالى) knows best.

Answered by:

Mufti Ebrahim Salejee (Isipingo Beach)

This answer was collected from MuftiOnline.co.za, where the questions have been answered by Mufti Zakaria Makada (Hafizahullah), who is currently a senior lecturer in the science of Hadith and Fiqh at Madrasah Ta’leemuddeen, Isipingo Beach, South Africa.

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