Q&A (Fatwa)

#163: Ruling on the Interest Topped Up on Bank Accounts

*QUESTION*

*ON DEALING WITH THE INTEREST TOPPED UP ON BANK ACCOUNTS*

_” Assalamu alaykum. Please my question is, if interest is forbidden in Islam how can you do with the one added to your account in banks. Your answer are needed.”_

*ANSWER*

Wa alaykum Salām Warahmatullāh Wabarakātuh

Alhamdulillāh!

Such moneys should be given out to the needy in the community. And it should be known that this is not regarded as a Sadaqah as Sadaqah is only attained by giving something out with the permission of its owner, and in this case, you have not gained rightful ownership.

Bārakallāhu Fīkum
Jazākumullāhu Khayran

14th Rabi-u-l-thani 1438

📚 *IslamNode*

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