Claiming Gift Aid on interest donations

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Claiming Gift Aid on interest donations

Question:

Is it permissible for charities in the UK to claim Gift Aid on interest money donated by donors?

بسم الله الرحمن الرحیم

Answer:

It is permissible for charities in the UK to claim Gift Aid on all categories of donations including interest donations, in accordance with the Gift Aid regulations.

Allah knows best

Yusuf Shabbir

9 Ṣafar 1442 / 27 September 2020

Approved by: Mufti Shabbir Ahmed and Mufti Muhammad Tahir

This answer was collected from IslamicPortal.co.uk, which is a repository of Islamic Q&A, articles, books, and resources. Various schools write and oversee the answers, including Maulana Yusuf Shabbir, Mufti Shabbir Ahmed, and Mufti Muhammad Tahir. 

Tags: Interest

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