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What can be done with the interest amount credited in bank account?

Answered as per Hanafi Fiqh by Darulifta-Deoband.com
What can be done with the interest amount credited in bank account? Can it be given to a widow, who does not have any source of income?

Answer

(Fatwa: 1050/874/B=1433)

The interest money received from bank account should be given in charity to the poor, needy ones and miserable debtor without the intention of reward. A widow woman who has no income source and does not possess jewellery equal to nisab then you can also give her interest money.

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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