Using earned interest in payment of a house : using earned interest in partial payment of price of purchased house

Fatawa Question

Assalamu Alaikum. Please advise me on the following. I have purchased a home with my savings and did not engage in mortgage. However, I accrued interest in my savings account and I did not separate the interest from the money I purchased my home with. To my understanding partaking in Riba is declaring a war against Allah. How do I repent ? Barak’Allah O’Fik.

Fatwa

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Publication Date

2002-04-30

Main Subjects

Financial and Accounting Sciences
Religion
Islamic Studies

Topics

No. of Pages

1

Data Type

Fatawa

Language

English

Record ID

BIM-725604

American Psychological Association (APA)

Qahf, Mundhir. 2002-04-30. Using earned interest in payment of a house : using earned interest in partial payment of price of purchased house. .
https://search.emarefa.net/detail/BIM-725604

Modern Language Association (MLA)

Qahf, Mundhir. Using earned interest in payment of a house : using earned interest in partial payment of price of purchased house. 2002-04-30.
https://search.emarefa.net/detail/BIM-725604

American Medical Association (AMA)

Qahf, Mundhir. 2002-04-30. Using earned interest in payment of a house : using earned interest in partial payment of price of purchased house.
https://search.emarefa.net/detail/BIM-725604