Using interest money to offset bank charges

Q: Can you use interest money to offset bank charges?

A: It is not permissible to use interest to pay for any service. Interest should be disposed of by giving it to the poor without the intention of receiving reward.

And Allah Ta'ala (الله تعالى) knows best.

 

Answered by:

Mufti Zakaria Makada

Checked & Approved:

Mufti Ebrahim Salejee (Isipingo Beach)