Home » Hanafi Fiqh » IslamicPortal.co.uk » Claiming Gift Aid on interest donations
Claiming Gift Aid on interest donations
Question
Is it permissible for charities in the UK to claim Gift Aid on interest money donated by donors?
بسم الله الرحمن الرحیم
Answer
It is permissible for charities in the UK to claim Gift Aid on all categories of donations including interest donations, in accordance with the Gift Aid regulations.
Allah knows best
Yusuf Shabbir
9 Ṣafar 1442 / 27 September 2020
Approved by: Mufti Shabbir Ahmed and Mufti Muhammad Tahir
This answer was collected from IslamicPortal.co.uk, which is a repository of Islamic Q&A, articles, books, and resources. Various schools write and oversee the answers, including Maulana Yusuf Shabbir, Mufti Shabbir Ahmed, and Mufti Muhammad Tahir.
Read answers with similar topics:
Interest| Cookie | Duration | Description |
|---|---|---|
| cookielawinfo-checkbox-analytics | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics". |
| cookielawinfo-checkbox-functional | 11 months | The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". |
| cookielawinfo-checkbox-necessary | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary". |
| cookielawinfo-checkbox-others | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other. |
| cookielawinfo-checkbox-performance | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance". |
| viewed_cookie_policy | 11 months | The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data. |