1

Bank Interest

Answered according to Hanafi Fiqh by Darulifta-Deoband.com
Facebooktwitterpinteresttumblrmail
I am an Indian national, residing in Saudi presently. I want to know that “can I use the bank interest money on my deposits in India for paying my property taxes or any other taxes imposed by Indian government on me, because I am paying zakah regularly on my assets.

بسم الله الرحمن الرحيم

(Fatwa: 212/214/D=03/1435)

It is allowable to pay income tax with interest money. By property tax if you mean house tax then it is not allowable to pay it with interest money. However, if you mean something else then make it clear. What do you mean by other tax, explain this as well.

Allah knows Best!

Darul Ifta,
Darul Uloom Deoband

Facebooktwitterpinteresttumblrmail
Sidebar



Subscribe to IslamQA Weekly Newsletter

Subscribe to IslamQA Weekly Newsletter

You will receive 5 Q&A in your inbox every week



We have sent a confirmation to you. Please check the and confirm your subscription. Thank you!