Question # 224: Can the Amount Received as interest from Banks be used for our Apartment Facilities. Like building wire Fencing or buying chairs or buying a Sports equipment for apartment association. Please guide me. Which will...Read More
Tag: receiving interest in islam
Question # 112: As we all know Riba (Interest) is haraam in Islam, but practically we all keep our money with banks who then lends out for interest. Even if I decide to not take interest by having a current account, fund would...Read More
Question # 7: I’m opening an account in a bank and will receiving interest @ 4% p.a. Should I keep that one and donate the amount received as interest every year to some poor families or should I ask them not to give me...Read More
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