Transactions & Dealings >> Interest & Insurance
Question ID: 59783Country: United Arab Emirates
Answer ID: 59783
Bismillah hir-Rahman nir-Rahim !
(Fatwa: 972/972/M=09/1436) (1 & 2) Interest money should be given to the poor and needy ones without the intention of reward. Your practice is correct. And in case by depositing money in current account no interest is given then he should convert his account and should not deposit his money in saving account without a need.
Allah (Subhana Wa Ta'ala) knows Best
Darul Ifta,
Darul Uloom Deoband, India