Published 8 years ago
Last updated 4 years ago
Q: I have an education saving account at the bank. Basically, we deposit money every month for education, and on top of that, the government puts 2.5% without us asking for it. Is this considered as interest?
A: If the 2.5 percent that the government gives is pure assistance then it is permissible provided the bank is not a government bank.
And Allah Ta'ala (الله تعالى) knows best.
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