Q: I have a saving account and the bank is giving interest on my account every quarterly. Is the interest haram in shariyah? Accordingly to shariyah, what should I do with that money? Can I donate it to poor people or give it to poor and needy needy relatives?
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: May I use interest money to pay airport taxes?
Q: Can interest money be used to pay off traffic fines?
Q: I checked my bank statement and I realized that I consumed interest money unconsciously. What should I do to expiate it?
Q: Can interest money be used to pay for lawyers fees and government fines?
Q: My bank used to pay me interest before I stopped it. Is zakat due on this interest money?
Q: I have some bank interest money. Can I give it to my real brother because he is not financially strong and he is living with me with his family? We are unable to live together anymore and does not have any source of income. He does not have his own house. According to his condition, please guide us.
Q: A Muslim brother is in very deep debt. He doesn't have medical aid and his wife, son and daughter were hospitalised on different occasions. Different years. Also, she bought stuff using the credit card or store cards when she was down. He had to take out loans from 3 different banks as his salary each month could not help with the payment. He has since sold his car, clothing and whatever he had after they divorced. He is battling with child maintenance and is under debt review. He is zakaatable and by the time he gets paid and does all his monthly payments, he is left with hardly any money for food and lights. Its the interest that is killing him. Yes, interest is haram, but he fell into this cycle not purposely. Can we give him our interest money to help pay off his debts?
Q: Can interest money be given to poor Muslims which is given by banker for savings account?