Miscellaneous >> Halal & Haram
Question ID: 32121Country: India
Answer ID: 32121Posted on: Aug 29, 2020
Bismillah hir-Rahman nir-Rahim !
(Fatwa: 899/899/M=1432) It is not right to open fixed deposit account in a bank or insurance company. If you have availed this facility unknowingly and it is difficult to terminate it before the fixed time, then you should give the interest money to the poor and needy ones without the intention of reward. لأن سبيل الكسب الخبيث التصدق إذا تعذر الرد على صاحبه (شامى)
Allah (Subhana Wa Ta'ala) knows Best
Darul Ifta,
Darul Uloom Deoband, India