How to dispose of interest
Q: I have an amount in a savings account and I am getting interest for it. Is it Haraam? I never used it but whenever I receive interest, I used to give
it to poor people what ever I received. Is it accepted in Islam? Will there be any benefit? Is it haraam for the poor people whoever receives interest amount from us?
A: Yes, but without the niyyat of thawaab.
No, it is permissible for them.
And Allah Ta’ala (الله تعالى) knows best.