CAN I USE THE INTEREST MONEY TO PAY BANK CHARGES?


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Question:

Can I use the interest money to pay bank charges?

Answer:

Bank charges are legitimate service fees. Hence, it will not be permissible to use interest money to pay for bank charges.

And Allah Knows Best

Mufti Suhail Tarmahomed
Checked and Approved:
Mufti Ebrahim Desai
Jamiatul Ulama (KZN) Fatwa Department