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Is it Haram to Give or Receive Riba Money?

Answered as per Hanafi Fiqh by Muftionline.co.za

Q: Is giving haraam money (riba) to someone else haraam? And is it haram to receive the haraam money that someone gave him?

Bismillaah

A: Dealing in riba is haraam. It is mentioned in the Hadith that Rasulullah (sallallahu alaihi wa sallam) had cursed the one who consumes interest, pays interest, the scribe for the interest bearing deal and the witness to such a deal. If one has acquired interest, then he should immediately dispose of it through giving it to the poor in charity without the intention of receiving any reward. 

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

Answered by:

Mufti Zakaria Makada

Checked & Approved:

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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