What to do with earned interest ? : can earned interest be used to pay due interest ?

السؤال

Since I am an expatriate and there are no means to do monetary transactions using Islamic Banks, I am forced to maintain an account in a non-Islamic Bank. Can I use the interest obtained from this account to pay back the interest incurred (even by others) on loans from such Banks ? Is this not a good way to deal with interest, as one is not using the interest gained from ones account and at the same time is not giving interest (to the Bank) from your Halal money ? can the money from interest be given to help the poor ? Jazakumu Allahu Khair.

جواب الفتوى

أنقر هنالمشاهدة هذا المحتوى

تاريخ النشر

2001-03-02

التخصصات الرئيسية

العلوم المالية و المحاسبية
الدراسات الإسلامية

الموضوعات

• المصارف
• الفقه الإسلامي
• الربا

عدد الصفحات

2

نوع البيانات

فتاوى

لغة النص

الإنجليزية

رقم السجل

BIM-726166

• APA
• MLA
• AMA