(1) The interest which I get from bank in saving account, where I can give without the intention of reward?
(2) If I pay income tax can I give interest amount into that?
(3) As we know that bank charges yearly ATM card fees can we leave interest in bank account and same can be debited from account.
Please answer the validity of paying interest in above three situations listed.
(2) If I pay income tax can I give interest amount into that?
(3) As we know that bank charges yearly ATM card fees can we leave interest in bank account and same can be debited from account.
Please answer the validity of paying interest in above three situations listed.
بسم الله الرحمن الرحيم
(Fatwa: 365/326/H=03/1435)
(1) It should be given to the poor and needy ones without the intention of reward.
(2) You may do it.
(3) If that interest is deducted in the fees levied for ATM card then it is not allowed.
Allah knows Best!
Darul Ifta,
Darul Uloom Deoband