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Is it permissible to give interest money to the poor?

Answered according to Hanafi Fiqh by Askimam.org

A friend of mine has recently started a scheme which encourages muslims to give to the poor through his organisation. Is the use of this money in such a way halal?

Answer

Interest monies must be given to the poor and needy who are eligible to accept Zakaat without the intention of reward. However, interest received from government institutes, eg. post office could be used to offset government taxes. Interest received from private banks cannot be used to offset taxes. It may be used to offset interest charged from the same bank.

and Allah Ta’ala Knows Best

Mufti Ebrahim Desai

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This answer was collected from Askimam.org, which is operated under the supervision of Mufti Ebrahim Desai from South Africa.

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