Answered by: Mufti Muhammad Adnan
Assalamu Alaikum I kindly inform I have money in the bank and it pays interest I don’t want that interest money but as per law I have to take it, then I took that money and gave it to someone needy, is it ok?
In the name of Allah, the Most Gracious, the Most Merciful
The recipients of interest money are the poor and destitute. Some scholars have said that one may use the interest money to make toilets for the poor or to repay an interest-based loan. However, it is preferable to give interest money to the poor without the intention of reward (thawab). (Raddul Muhtar p.553 v.9 & Jadeed Fiqhi Masaail p.406 v.1)
Only Allah Knows Best
Written by Mufti Muhammad Adnan
Checked and approved by Mufti Mohammed Tosir Miah
Darul Ifta Birmingham