The Majlis Archive
Finance - Banking - Business The Majlis Vol 25 No 04, p.3

I have some interest money which I had withdrawn from my banking account.

Question

I have some interest money which I had withdrawn from my banking account. This haraam money is kept separately. Can I sometimes make use of it and replace the amount? Or if I want notes, can I exchange my coins with the interest notes?

Answer

Once you have separated money with the intention of it being interest, then it will not be permissible to use it for your own benefit in any way whatsoever. Hence, you may not make an exchange for the purpose of 'change' nor take a loan from it. You will contaminate your halaal money by so doing.

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The Majlis Vol 25 No 04
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Appears under | SUBSCRIPTION RATES (2018) | TWELVE ISSUES. This heading is the nearest headline at or before the page and is approximate. Do not cite it alone.

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