Question # : 160549
India
Answer : 160549
Published on: Apr 23, 2018
بسم الله الرحمن الرحيم
(Fatwa: 802/706/N=8/1439)
According to Shariah, it is also unlawful and haram to take interest with the intention of spending on poor and needy ones. It is as if someone gambles and makes intention that he would spend it on poor and needy people. So if you are not legally bound and it is not mandatory for you to opt interest in Kotak current bank then it shall also not be lawful for you to adopt the option of interest with the intention of supporting the poor and needy ones.
قال الله تعالى: وأحل الله البيع وحرم الربا الآية (البقرة: 275)، عن جابر بن عبدالله رضي الله عنهما قال: لعن رسول الله صلى الله عليه وسلم آكل الربوا ومؤكله وكاتبه وشاهديه، وقال: هم سواء (الصحيح لمسلم، 2: 72، ط: المكتبة الأشرفية ديوبند)، الربا فضل خال عن عوض بمعيار شرعي مشروط لأحد المتعاقدين في المعاوضة (تنوير الأبصار مع الدر والرد، كتاب البيوع، باب الرباء 7: 398-400، ط: مكتبة زكريا ديوبند)
Allah knows Best!
Darul Ifta,
Darul Uloom Deoband
Related Question
I am living here in Godhra and practicing since from last 13 yrs. I was also working in homoeopathic medical college since from last 12 yrs. Now recently appointed as professor in govt.college around 60 k.m. from Godhra now the big question is that i am getting salary around 20000/ twenty thousand rupees p.m.and medical practise is also officialy allowed so per month gaining will be around 40000/ so i have to pay around 45000/ rs. per annum in income tax which will be the best solution for me to save this amount. There are so many ways among them one is house loans (most of my coligue has taken which are non muslims) second is investing money in differnt funds where not a single way is intrestless kindly guide me for the same as such i am badly in need of home near vadodra which is around 30 k.m. from my working place. May god gives you instead of your service. Kindly reply soon.