Deposits in conventional and Islamic banks : investment deposits in Islamic banks

السؤال

Asalamu Alaikum, I found your e-mail on the Islamonline website. I am aware that you have a solid education and experience in Islamic financing, hence the reason for me contact you. alhamdulillah Allah has bless me with extra money which I would like to take care of in a Halal way. I currently have a bank account, but it collects a small amount of interest... Maybe $ 0.04 to $ 0.10 a month. With regards to the Shari'ah do I find a bank that can give me 0 % or can I keep the account which I have and spend the interest earned for the poor and needy ? I have received a Fatwa that says it is permissible to take the interest and give it away to the poor... But I do not feel that this is correct. What is the opinion of the scholars. Jazak Allahu Khairan

جواب الفتوى

أنقر هنالمشاهدة هذا المحتوى

تاريخ النشر

2006-08-20

التخصصات الرئيسية

العلوم الاقتصادية والمالية وإدارة الأعمال
الدراسات الإسلامية

عدد الصفحات

1

نوع البيانات

فتاوى

لغة النص

الإنجليزية

رقم السجل

BIM-787793

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