Transactions & Dealings >> Interest & Insurance

Question # : 161565


The bank account of the masjid has earned some interest. My question is that what is the legal procedure of the said interest?

Answer : 161565

Published on: Jun 7, 2018

بسم الله الرحمن الرحيم

(Fatwa: 1104/954/SD=9/1439)


Interest money should be given in charity to the poor and needy ones without intention of reward whether the interest money is earned from the bank account of a mosque. 

Allah knows Best!

Darul Ifta,
Darul Uloom Deoband

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