Disposing of interest money

Answered according to Hanafi Fiqh by Muftionline.co.za

Q: If a person gets interest money from a bank or a pension account then to whom should the interest money be given? Is it allowed to give the interest money to one’s son or daughter or a relative?


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A: No, he should dispose of it by giving it to the poor without the intention of receiving any reward.

And Allah Ta’ala (الله تعالى) knows best.


Answered by:

Mufti Zakaria Makada

Checked & Approved:

Mufti Ebrahim Salejee (Isipingo Beach)