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Whom do I give the money I give away to get rid of bank interest?

Answered as per Hanafi Fiqh by Qibla.com

Answered by SunniPath Answer Service Team

Could you tell me who is eligible to take the interest money given to us by banks when we want to give it for charity.

Answer:
In the Name of Allah, Most Gracious, Most Merciful

Wa Alaykum Assalam wa Rahmatullah wa Barakatuhu,

In the Name of Allah, Most Merciful & Compassionate

From a previous question answered by Shaykh Faraz Rabbani:

One may either give this money to those deserving of zakat (=the poor and needy), or to charities. There is nothing wrong or dubious with accepting this money, because the sin devolves back to the person who wrongful engaged in the unlawful transaction and not the actual money itself.

Wassalam,

Sunni Path Fiqh Team

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This answer was indexed from Qibla.com, which used to have a repository of Islamic Q&A answered by various scholars. The website is no longer in existence. It has now been transformed into a learning portal with paid Islamic course offering under the brand of Kiflayn.

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