What to do with earned interest ? : forgoing accrued interest to the bank
Fatawa Question
Assalamu Alaikum, I am an Indian living in a Hindu majority country. The banking system here runs on interest basis. In a savings account, can I take the money that is given as interest or should I forgo the money. Please instruct. Allah hafiz
Fatwa
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Publication Date
2002-03-16
Main Subjects
Economics & Business Administration
Financial and Accounting Sciences
Islamic Studies
Topics
No. of Pages
1
Data Type
Fatawa
Language
English
Record ID
BIM-726198
American Psychological Association (APA)
Qahf, Mundhir. 2002-03-16. What to do with earned interest ? : forgoing accrued interest to the bank. .
https://search.emarefa.net/detail/BIM-726198
Modern Language Association (MLA)
Qahf, Mundhir. What to do with earned interest ? : forgoing accrued interest to the bank. 2002-03-16.
https://search.emarefa.net/detail/BIM-726198
American Medical Association (AMA)
Qahf, Mundhir. 2002-03-16. What to do with earned interest ? : forgoing accrued interest to the bank.
https://search.emarefa.net/detail/BIM-726198
