Giving Riba Interests to People Affected with Floods
Fatwa No: 391378

  • Fatwa Date:4-2-2019 - Jumaadaa Al-Oula 29, 1440
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Question

Asalamu AlykumI have savings account in the bank because no Islamic bank available in india. I have few interest money and i want to get rid if itCan i donate that money to flood hit areas like kerala. I am unable to find very needy person in my locality. JazakAllah khaiyran

Answer

All perfect praise be to Allah, The Lord of the Worlds. I testify that there is none worthy of worship except Allah, and that Muhammad  sallallaahu  `alayhi  wa  sallam ( may  Allaah exalt his mention ) is His slave and Messenger.

It is permissible for you to get rid of the interest amounts by giving them to the people who were affected by the floods.

You have to close the savings account in the Riba-based bank and keep your money in a permissible trade and the like.

If you are forced to deal with a Riba-based bank, then you must deposit your money in a current account and not in a savings account.

For more benefit, please refer to Fatwa 265492.

Allah knows best.

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