Can You Give the Interest You Earn on Money to the Poor?

CategoriesTrade, Business & All Things Money [717]

Fatwa ID:05345

 

Answered by: Maulana Syed Johir Miah

 

Question

 

In Islam, can you give the interest you earn on money to the poor?

 

 

In the name of Allah, the Most Gracious, the Most Merciful

 

Answer:

 

In Islam you cannot give the interest you earn on money to the poor with the intention of attaining any reward, as interest is Haram.

 

However, it can be given to the poor without the intention of gaining any reward.[1]

 

 

Only Allah knows best

Written by Maulana Syed Johir Miah

Checked and approved by Mufti Mohammed Tosir Miah

Darul Ifta Birmingham

 

 

 

 

[1] Jadeed Fiqhi Masail, Page 53, Volume 4, Zamzam Publishers

 

 

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