The Majlis Archive

Finance - Banking - Business The Majlis Vol 18 No 12, p.4

A person said that he will give me $100.

Question

A person said that he will give me $100. He deposits the money into my banking account. Will the hibah (gift) be valid? Is the money in my account a valid 'qabdhah' (possession)?

Answer

The hibah is taam. The gift is valid. You have taken possession of it once its in your account.

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