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accepting interest on savings

Last updated: 27th September 2006
Question ID: #2553
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Assalamu alaikum,
Alhamdulillah Allah has blessed me with wealth. I have setup cuurent accounts to refrain from interest. My question is this: is it better for me to take the interest and distribute it to the poor without any intention for reward or is it better to leave the interest with the bank?

Jazakallah


Bismillah

Al-jawab billahi at-taufeeq (the answer with Allah's guidance)


It is better to give the interest money to those eligible for charity without any hope for reward.

Please also see: http://www.muftisays.com/qa.php?viewpage=viewQA&question=23



And Only Allah Ta'ala Knows Best.
Mufti
Answer last updated on:
2nd May 2008
Answered by:
Ulamaa ID 04
Website
Location: London
Mufti Qamruzzaman

London, UK