Miscellaneous in Zakah distribution : tax refund received on paid Zakah

Fatawa Question

Assalamu Alaykum wa Rahmatullahi wa Barakatuh, I have a question regarding interest accrued from bank deposits. I have read in previous fatwas which mention that such interest should be given away. In my country, I can give away this money to a charity (could be a Muslim charity too) and avail of certain benefits in income tax. 1 > Can I avail of such benefits by giving away the interest money ? 2 > Also if I give Zakaat, Sadaqah etc. to an Islamic charity and avail of similar income tax benefits, will that be allowed 3 > while calculating Zakat, should the interest money accrued on bank deposits be also included in the total sum ? May Allah reward you for your patience Jazakum Allahu Khairan for your constant help

Fatwa

Click hereto view more

Publication Date

2007-07-22

Main Subjects

Economics & Business Administration
Islamic Studies

No. of Pages

2

Data Type

Fatawa

Language

English

Record ID

BIM-787532

American Psychological Association (APA)

Qahf, Mundhir. 2007-07-22. Miscellaneous in Zakah distribution : tax refund received on paid Zakah. .
https://search.emarefa.net/detail/BIM-787532

Modern Language Association (MLA)

Qahf, Mundhir. Miscellaneous in Zakah distribution : tax refund received on paid Zakah. 2007-07-22.
https://search.emarefa.net/detail/BIM-787532

American Medical Association (AMA)

Qahf, Mundhir. 2007-07-22. Miscellaneous in Zakah distribution : tax refund received on paid Zakah.
https://search.emarefa.net/detail/BIM-787532