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Assalam O Alaikum

Last updated: 6th August 2021
Question ID: #5830
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Assalam O Alaikum sir, kindly tell that is it legal to give profit of my saving account to neend people without being use by myself

بسم الله الرحمن الرحيم

الجواب حامداومصليا

If the saving account is Shariah compliant then it is permissible to consume the profits. If however, the saving account is not Shariah compliant then it will be Riba (usury) and Haram to consume and will need to be disposed to charity without any hope of reward.

And Allah knows best .

20 Muharram 1443/ 29 August 2021

Answer last updated on:
29th August 2021
Answered by:
Ulamaa ID 04
Location: London