Q: I have both a current account as well as a savings account at a bank. The savings account is interest-bearing.
In disposing of the interest earned on the savings account, can the interest amount be paid out of the current account or can it only be paid out of the savings account as the interest was earned on this account?
Q: I have some fixed deposits which accrues some interest. Now if I perform Hajj/Umrah from the halal money i.e. not earned from the interest, will it be accepted? I ask this, because I heard that the prayers of the one who deals with riba are not accepted. I'd also like to know if my other prayers, i.e., Salah, Fasting etc, are accepted as well?
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?