× Register Login What's New! Contact us
Results 1 to 4 of 4 visibility 1715

Giving away interest

  1. #1
    S.Ali786's Avatar Full Member
    brightness_1
    Full Member
    star_rate star_rate star_rate star_rate star_rate
    Join Date
    Oct 2015
    Gender
    Male
    Religion
    Islam
    Posts
    114
    Threads
    97
    Rep Power
    53
    Rep Ratio
    44
    Likes Ratio
    16

    Giving away interest

    Report bad ads?

    Salams, as we are aware that interest is haram i was wondering what charities in the UK can we give away our interests to? I gave mines away to British Heart Foundation as it is a non muslim organisation.
    chat Quote

  2. Report bad ads?
  3. #2
    BeTheChange's Avatar Moderator
    brightness_1
    Moderator
    star_rate star_rate star_rate star_rate star_rate star_rate star_rate star_rate star_rate star_rate star_rate
    Join Date
    Dec 2013
    Gender
    Female
    Religion
    Islam
    Posts
    2,250
    Threads
    149
    Rep Power
    73
    Rep Ratio
    71
    Likes Ratio
    87

    Re: Giving away interest

    Walaikuamsalaam,

    Brother there are banks which don't add interest to your account.

    I am with Natwest and they have never added a penny of interest. I believe it's the very basic account with no extras.

    Please visit https://islamqa.info/en/20695

    The above answer doesn't advise whether we should give the interest to non-Muslim or Muslim organisations but it is something you can raise with the scholars using the above website insha Allah.

    Also please ensure the site follows your school of thought.

    Jazahka Allah.
    Giving away interest

    Pain and hardships allow you to grow spiritually Alhamdulilah so smile when a so called calamity befalls upon you.
    Alhamdulilah Allah swt is the greatest.
    chat Quote

  4. #3
    Aisha's Avatar Jewel of IB
    brightness_1
    Jewel of IB
    star_rate star_rate star_rate star_rate star_rate star_rate star_rate star_rate star_rate star_rate star_rate
    Join Date
    Nov 2005
    Location
    Wales
    Gender
    Female
    Religion
    Islam
    Posts
    916
    Threads
    26
    Rep Power
    150
    Rep Ratio
    819
    Likes Ratio
    111

    Re: Giving away interest

    format_quote Originally Posted by S.Ali786 View Post
    Salams, as we are aware that interest is haram i was wondering what charities in the UK can we give away our interests to? I gave mines away to British Heart Foundation as it is a non muslim organisation.
    In the first instance, try to avoid interest as much as possible. I'm with Halifax and haven't been paid interest since I asked them to stop. I understand that this isn't always easy, especially if someone has a business or for any other reason.

    BHF is a good choice. You could also give to Kidney Research, towards the upkeep of public toilets, Crohn's and Colitis UK, Cancer Research or any such charity. Don't give it to a masjid or an Islamic charity.

    Do remember though that it's filthy money and you won't be receiving any reward for giving it away. You just need to get rid of it as soon as possible.

    So you probably shouldn't feel a warm glow because you're helping people.. Unless you also feel that way when the rubbish collectors come to take your rubbish. Which would be weird.
    | Likes noraina liked this post
    chat Quote

  5. #4
    ~ Sabr ~'s Avatar Full Member
    brightness_1
    Account Restricted
    star_rate star_rate star_rate star_rate star_rate star_rate star_rate star_rate star_rate star_rate star_rate
    Join Date
    Oct 2010
    Location
    My <3 resides in Makkah & Madinah
    Gender
    Female
    Religion
    Islam
    Posts
    2,325
    Threads
    94
    Rep Power
    0
    Rep Ratio
    40
    Likes Ratio
    49

    Re: Giving away interest

    Yes you can give your interest to charities.
    Giving away interest

    “Indeed the patient will be given their reward without account.” :love:
    { Qur’aan, Chapter 39, Verse 10 }
    chat Quote


  6. Hide
Hey there! Giving away interest Looks like you're enjoying the discussion, but you're not signed up for an account.

When you create an account, we remember exactly what you've read, so you always come right back where you left off. You also get notifications, here and via email, whenever new posts are made. And you can like posts and share your thoughts. Giving away interest
Sign Up

Similar Threads

  1. Hello everyone! This might interest you!
    By Italianguy in forum Introduce Yourself
    Replies: 12
    Last Post: 10-28-2009, 10:43 PM
  2. losing interest
    By anonymous in forum Advice & Support
    Replies: 3
    Last Post: 07-07-2009, 05:51 PM
  3. A Question of Interest
    By madeenahsh in forum Miscellaneous
    Replies: 0
    Last Post: 11-03-2006, 02:25 PM
  4. interest
    By thepotatomasher in forum Introduce Yourself
    Replies: 9
    Last Post: 05-25-2006, 05:05 AM
  5. Interest
    By aamirsaab in forum Worship in Islam
    Replies: 8
    Last Post: 08-11-2005, 11:50 AM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
create