Receiving donation from non-Muslim and people who earn from interest to build mosque : receiving a CD in a last will

Fatawa Question

Baba, Can you answer the questions below from my good friend and neighbor Adam ? Thank you. Baraa Question : ASA, Baraa' Fatwa needed. My wife's grandmother-non-Muslim-bought a CD (certificate of deposit) for $ 2000 in her own name (grandmother's name)-that was meant to be gifted for my wife Sydney upon my grandmother's death, which occurred last year. My wife got notification that she can go to the bank with the paperwork to get the money. It seems to me that since it is in my grandmother's name and will not be in my wife's name until she accepts the gift that it should be Halal, but I am a physician and not a Faqih. As the CD was / is an interest-bearing instrument, 1) Is it Halal for my wife to accept it ? A separate question-if it is Halal, would your dad accept it or have not issues with his family members accepting it ? 2) If Halal, does my wife need to do anything with the money once received ? For example if the X percent of the value is derived from interest, does that need to be remitted / not accepted / donated ? Jazaakallah,

Fatwa

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Publication Date

2012-10-20

Main Subjects

Financial and Accounting Sciences
Islamic Studies

Topics

• Islamic jurisprudence
• Usury

No. of Pages

1

Data Type

Fatawa

Language

English

Record ID

BIM-730416

• APA
• MLA
• AMA