Home » Hanafi Fiqh » Muftionline.co.za » Using Interest Money to Offset Bank Charges: Is it Possible?
Q: Can you use interest money to offset bank charges?
A: It is not permissible to use interest to pay for any service. Interest should be disposed of by giving it to the poor without the intention of receiving reward.
And Allah Ta’ala (الله تعالى) knows best.
Answered by:
Mufti Zakaria Makada
Checked & Approved:
Mufti Ebrahim Salejee (Isipingo Beach)
This answer was collected from MuftiOnline.co.za, where the questions have been answered by Mufti Zakaria Makada (Hafizahullah), who is currently a senior lecturer in the science of Hadith and Fiqh at Madrasah Ta’leemuddeen, Isipingo Beach, South Africa.
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