Please advise if interest money

This post has 513 views.

 

Question

 

Please advise if interest money could be used to build a house for a poor muslim or what else could interest money be used for.

 

Answer

Muhtaram / Muhtaramah

 

In the Name of Allāh, the Most Gracious, the Most Merciful.

As-salāmu ‘alaykum wa-rahmatullāh wa-barakātuh.

The actual ruling of interest and all haram money is that it should be returned to the owner.  If that is not possible, then it will be necessary to give it in charity without the intention of reward, or it may be used for public utilities, for example, digging public wells, averting oppression etc.

(Rad Al-Muhtar 385/6 H M Saeed)

وعلى هذا قالوا لو مات الرجل وكسبه من بيع الباذق أو الظلم أو أخذ الرشوة يتورع الورثة ، ولا يأخذون منه شيئا وهو أولى بهم ويردونها على أربابها إن عرفوهم ، وإلا تصدقوا بها لأن سبيل الكسب الخبيث التصدق إذا تعذر الرد على صاحبه

(Fatawa Mahmudiya 435/18 Jamia Faruqiya)
(Jadid Fiqhi Masa’il 420/1 Naemiyah)

 

And Allah knows best

Wassalam

Darul Iftaa, Madrassah In’aamiyyah

 

  • The Sharée ruling herein given is specifically based on the question posed and should be read in conjunction with the question.
  • The Darul Ifta bears no responsibility to any party who may or may not act on this answer. The Darul Ifta being hereby exempted from loss or damage howsoever caused.
  • This answer may not be used as evidence in any Court of Law without prior written consent of the Darul Ifta.