Home | Fatwa | Business | Disposing of one bank’s interest from another bank’s account
riba

Disposing of one bank’s interest from another bank’s account

Nasihah (Advice): Accepting a guarantor for a debt

 

Rasoolullah Sallallahu Alaihi Wasallam said: “When a rich man delays in repaying a debt, this is oppression, and if a debt is transferred to a rich man (another rich man agrees to pay it on his behalf), you (the creditor) should accept it.” (Ibn Majah)

________________________________________________

 

Question and Answer:

 

  1. Assalaamualaikum,respected mufti Saheb. I have interest money to dispose off in one bank account. However I do not have access to those funds. Can I dispose of the interest from another account ? Or do I have to dispose of it from the account where it has accrued. Shukran

 

(Question published as received)

 

  1. In the enquired case, it is preferred to dispose of the interest money from the bank that it was accrued in. However, if the interest of one bank account is disposed of from another account or source, it will be permissible to do so. (Shaami 2/290)

 

 

And Allah Ta’ala Knows Best

 

Mufti Ismaeel Bassa

Confirmation:
Mufti Ebrahim Desai

Check Also

INHERIT2

Is it compulsory to accept nomination as an executor?

Nasihah (Advice): Do not make your Will a means of your destruction   Sayyiduna Abu …

Cupped Hands Under Shower

What are the acts which make ghusl obligatory?

  A: 1. If semen is discharged out of passion while one is awake or …