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Can a Muslim get interest in an un-Islamic country under the conditions mentioned?

Answered as per Hanafi Fiqh by Darulifta-Deoband.com
To the honorable scholar, please provide the answer to the following inquires; Can a Muslim get interest being a resident or citizen in un Islamic country in the following conditions? Q #1: A person deposits his hard earning money to the bank account and bank put interest to his money on regular basis. Q #2: Some time people get loan from the bank or financial institution to accomplish his necessities and that institution charges interest on the loan. Q #3: Another critical condition, for buying a home, as houses are too expensive that none a single person can buy a home easily without mortgage and pay interest on that mortgage. Q #4: Insurance, which is another developed shape of interest. Are there same laws implement as in Islamic state / country or any exemption available in un Islamic state? Can Muslim get insurance in un Islamic country to protect his assets? JazakaAllah Ho Khairah!


(Fatwa: 761/700=B/1430)

Interest is declared haram absolutely in the Quran, and this is forever and for every place whether it is Darul Islam or Darul Harb: واحل اللہ البیع وحرم الربوا The Quran was revealed to be acted upon till Qiyamah, so the commandment of the Quran will remain till Qiyamah and thus the interest will remain haram everywhere for Muslims.

المسلم ملتزم بأحكام الشرع حيثما كان

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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