Transactions & Dealings >> Interest & Insurance

Question ID: 58099Country: India

Title: USE OF BANK INTEREST

Question: Please clarify as per Shariah, if one can use the bank interest received by him for constructing/renovating toilet/bath room in his own house/properties?

Answer ID: 58099Posted on: Aug 31, 2020

Bismillah hir-Rahman nir-Rahim !

(Fatwa: 446/446/M=05/1436) No, it is not right to build toilet, bathroom etc. in one’s own house or property from interest amount as the interest is impure and it is not lawful to draw any benefit from it. It should be given to the poor or needy ones without an intention of reward.

Allah (Subhana Wa Ta'ala) knows Best

Darul Ifta,

Darul Uloom Deoband, India

Related Questions

Q. Could you pls let me know -Is claiming CAR Insurance for repairs permissible in Shriah or not?. Every year I pay RS 10000 as CAR insurance but till now I have not claimed the money when every I use to get the CAR repaired. May Allah reward you for the your services. 1546 views
Q. i have a pigme account in amanath bank.i took 25000/- from my account but now the banker is telling me that i should not withdraw amount from my account till 9 months are completed,so he is telling me that he has given that amount as loan for 1% is it jayaz or haram. 929 views
Q. My friend works as a manager in a commercial bank. According to the banks reports, more than 50% of their profit is from interest. My friend wishes to donate a rug for the masjid floor. Can we accept it from him? If not, how do we inform him of such? 1691 views
Q. Interest related question? 1382 views
Q. Non Islamic bank interest 1197 views
Q. Interest 1119 views
Q. car insurance 1712 views
Q. Investing into Fix deposit. 1615 views
Q. Can we give interest money to help a needy person build his damaged house 1651 views
Q. I wanted to know that is doing a job in banking and financial sector is prohibited in islam? While there are lots of opportunities for muslim youths. 1237 views
Q. business 1115 views
Q.
انکم ٹیکس کی ادائیگی کے لئے فكسڈ ڈپوزٹ یا پبلك پروویڈنٹ فنڈ میں سرمایہ كاری كرنا؟
8729 views
Q. House tax deposit by interest money 2197 views
Q. The bank account of the masjid has earned some interest. My question is that what is the legal procedure of the said interest? 2296 views
Q. What do Muftis and Ulama say about use of interest money? (1) Can I use this money in building toilet, istinja khana in masjid, madrasas? (2) Can I use in Falah-e-Aam like street light, repairing of roads, lane, boring tube-wells, wells? (3) Can I use this for needy poor Muslim? (4) Can I use this for poor non-Muslim but not so needy? Please reply as soon as possible. 2425 views

Total Questions: 9181

Faiths & Beliefs

Miscellaneous

Prayers & Duties

Social Matters

Transactions & Dealings

Title: USE OF BANK INTEREST

Question: Please clarify as per Shariah, if one can use the bank interest received by him for constructing/renovating toilet/bath room in his own house/properties?

Related Questions