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Can i dispose of interest money by giving it to the poor?

Answered as per Hanafi Fiqh by Askimam.org

I have a saving (NRE) account in Indian bank. Some interest money
deposited by bank. That money can give to poor (needy) people. It is
permissible ?

Answer

In the Name of Allāh, the Most Gracious, the Most Merciful.

As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh.

Yes, dispose the interest money by giving it to the poor as Sadaqah without having the intention of reward.[1]

And Allah Ta‘āla Knows Best

Fahad Abdul Wahab

Student Darul Iftaa
USA 

Checked and Approved by,
Mufti Ebrahim Desai.

www.Daruliftaa.net 

[1] فتاوي رحيمية ج٩ ص٢٥٦ دار الاشاعت


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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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