What to do with earned interest ? : having interest generating account and leaving the interest to the bank

Fatawa Question

Salamu Alaikum I have a saving account and there is 1 % interest (Riba) but if there is going to be more than what I put in there I will not take it does that still forbidden in Islam. Thank you

Fatwa

Click hereto view more

Publication Date

2002-02-21

Main Subjects

Economics & Business Administration
Financial and Accounting Sciences
Islamic Studies

Topics

No. of Pages

1

Data Type

Fatawa

Language

English

Record ID

BIM-726179

American Psychological Association (APA)

Qahf, Mundhir. 2002-02-21. What to do with earned interest ? : having interest generating account and leaving the interest to the bank. .
https://search.emarefa.net/detail/BIM-726179

Modern Language Association (MLA)

Qahf, Mundhir. What to do with earned interest ? : having interest generating account and leaving the interest to the bank. 2002-02-21.
https://search.emarefa.net/detail/BIM-726179

American Medical Association (AMA)

Qahf, Mundhir. 2002-02-21. What to do with earned interest ? : having interest generating account and leaving the interest to the bank.
https://search.emarefa.net/detail/BIM-726179