Government Archives - IslamQA

This answer was collected from the official ifta website of Darul Uloom Deoband in India.

Interest and Insurance

Answered by Darulifta-Deoband.com

I am a state govt employee of Odisha. Can I use interest money received from L.I.C ,India in lieu of Annual Income Tax which is directly deducted from my salary in the month of February every year? (So it will be assumed that the interest money received from L.I.C is being used for payment of… read more »

Investment and intrest

Answered by Darulifta-Deoband.com

I am a central govt employee and paying income tax which is deducted from my salary. (1) I am investing in PPF account in SBI bank and eligible for some return as a interest. (2) I am also investing in society run by our office and it is govt registered society. My query is that,… read more »

I am a government employee. Last week I got annual prize in terms of money and certificate. Is it halal to use? And I have donated this money to masjid. Is it ok?

Answered by Darulifta-Deoband.com

I am a government employee. Last week I got annual prize in terms of money and certificate. Is it halal to use? And I have donated this money to masjid. Is it ok? بسم الله الرحمن الرحيم (Fatwa: 964/773/B=8/1439)   It is alright to take the prize and use it. It is also alright to… read more »

I know interest obtained from Government banks can be used to pay income tax. My question is can the interest obtained from private banks be used for the same?

Answered by Darulifta-Deoband.com

I know interest obtained from Government banks can be used to pay income tax. My question is can the interest obtained from private banks be used for the same? بسم الله الرحمن الرحيم (Fatwa: 396/347/L=4/1439)   Paying income tax with interest money received from government banks is equal to returning the amount towards its owner;… read more »

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