There are various scenarios when it comes to accepting gifts from a bank: If the gift is offered to someone who has no connection with the bank, such as one […]
Narrated Jabir (RA):Allah’s Messenger (ﷺ) cursed the one who accepts usury, the one who gives it, the one who records it and the two witnesses to it, saying, “They are […]
One should immediately dispose of it by giving it to a public charity cause, without the intention of receiving a reward for it.It is best to give it to a […]
Can I give the interest money to relatives/friends of mine who are considered poor? And do I have to inform them?
Yes, if the relative/friend is poor or needy, you may give him/her the interest money.No, you do not need to inform them of the source of the money and you […]
It is not permissible to pay off your student loan or utility bills with interest money. You cannot use your interest money for any of your personal expenses or spend […]
It is not permissible to use the interest money accumulated in your bank account, as this act is considered a major sin. Allah says in Quran ( what could be […]