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Can I give interest from a bank account to cover the cost of settlement and withdrawal of cases?

Answered as per Hanafi Fiqh by Darulifta-Deoband.com
Mufti Saheb Aaslam Alaikum, My wife after few years of marriage filed criminal cases against me and my family members and I also filed cases. Now the matter has been compromised and for settlement I have to pay a huge sum for withdrawal of cases and final settlement, I have finally given Talak to her. The amount is much higher which runs into lakhs of rupees, my question is Whether I can give interest received from Bank in excess of amount of Iddat and maintenance. Your early reply in this regard shall be help me in the right direction. Thanking you in advance. Wassalam.

Answer

(Fatwa: 347/284/M=1431)

In the abovementioned case, it is unlawful to give the interest money received from bank. This interest should not be spent therein.

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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