Q: I have an account in which I am receiving interest based on available balance every month. Every month, I separate this amount and set it aside without using it. Recently, I have been charged a municipality fine. Can I pay this fine from this interest amount?
Q: I would like to know if interest (ribaa) money can be used to pay off debts? Can it be given to a Muslim to pay off debts owing to a Muslim? The person with the debt cannot afford to pay off the debt.
Q: For what purpose can we use interest from bank?
Q: Please I am from Tunis. My son has a million in a bank so after 11 years he find "agios" "faida". I want to ask you if he can spend this money for his study?
Q: Is bank interest in India acceptable for a Muslim?
Q: A person accrues R50 of haraam interest in his bank account. From his wallet, he gives R50 in cash to a poor person with the intention of disposing of this accumulated interest in his bank account. Has he disposed of the R50 interest, noting that the actual ‘interest R50’ is still in his bank account?
Q: I recently learnt that it is permissible for a Muslim to use interest money to pay fines, toll fees and vehicle licensing fees. Is this correct?
Q: The haraam of corruption is so deep routed into the system so much so no work can be achieved especially from government organisations without paying the ransom money [bribe]. This is demanded as a rule and even what is rightly due to us cannot be obtained without giving into to this zulm. Under these circumstances can one pay off this amount with interest money obtained from the banks instead of paying from our hard earned halaal sources?
Q: Me and my brother take care of my uncle's family and their daily needs. My question is I get some interest from the banks on my savings. Can I use that money for managing their expenses? If yes then do I need to make some niyyah or something ?
Q: Interest is considered to be a strong haraam and a grave sin, but isn't interest needed as a fundamental basis for starting a bank and being able to
hand out loans?