Can we give interest money to poor  

Thanks for providing clarity.Jazak Allah khairan kaseerah

Very clearly explained by Dr. Zakir Naik

Real man of Taqwa masha Allah.

Barak Allahu feekum Dr Naik

Very nice explanation

*Huda TV* Good Content !!! Keep doing

Jazakallah sir you have solved all my doubts about riba

Thanks

How can you compare an alcohol factory to a bank. Opening an alcohol factory you have a choice. In banking system we don't have a choice and we cannot handle if there is a lot of money. When you disagree with other scholars we have to use our sense and give advice as per the situation.

Subhanallah

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Nice speak... please dua for me

I have a savings account and being a salaried employee I have to have this account as maintaining a current account comes with its own challenges like maintaining a minimum balance. I spoke to the bank and asked them to waive of interest and not to debit it to my account and they were more than happy to do it. I'm from Sri Lanka BTW

We live in India where Islamic Banking is not prevalent and it is compulsory to have a bank account to receive salary. Ya Allah please guide us.

I beg to differ from my beloved scholar there is no other option but to keep your money in a conventional bank especially when living in a non Muslim majority country. You can't have personal current account but savings or FD. Keeping money ( Large amounts) at home is big risk to one's safety. So there is no option to a conventional bank to keep your savings. That has become an inevitable option.

For those who are inclined towards opening a interest-free account in India, they have to open current account in conventional banks (as there are no Islamic banks in india) because as per RBI regulations, banks should mandatorily give interest on saving bank accounts. From my experience, banks generally provide current accounts only for business purposes (corporates, shops, etc). There are 2 personal accounts (current accounts) present right now which are specifically launched keeping in view of Muslim faith (non-interest). 1) Federal bank Noor personal account 2) South Indian bank fiza account. I believe, we Muslims should stay away from savings accounts as much as possible and open current accounts (OR the personal accounts).

What should we do with the intrest we earn from employ provident fund? As we all know It is a must for every employee to contribute in Employ provident fund.

But how can we say starting a alcohol business which in first place is garam but whereas interest is generated by default on the money kept in the banks and current account is not feasible for aevery retail individual.

Thanks a lot for providing clarity on the interest money. For the salaried people the company uses the salary account which is a Savings account and here the interest amount would get credited every quarter and there is no way we can ask for Current account to be opened for the salary. In such a case what should we do on the interest amount, do you suggest taking out the money in advance as interest money?

But what if I have a salary account where interest comes on its on....

Sir dr.naik does you have a fb or any site that I can interact with u

Then how can you away from this interest riba because every bank should give you interest when you will put the amount in your bank account please give me full answer(solution) about this

Can we give interest money to pay off the interest based loan of others? Kindly answer as soon as possible

humne kisi ke khate me phonepay se 500 rupe dale or usse 520 rupe le liye kya ye sahi hai ya nahi islaam ke according

Where is he now?

If an Indian is staying outside India to transfer amount to India we need an NRE saving account. There is no option of having an NRE current account. What to do in that case?

Aur agar current account ma be interest ka Paisa ayai to uska kya krai

But is current account available for individuals in india? As far as i know its available only for trading? Anybody in the comment box has any lead for this current account?

I don't think in india salaried employees can have salaries credited to current account.... can someone help me for better understanding?

Salary account requires savings account ❓. How I can deal with this situation ❓

Salaam what if we live in Canada and we can not have a savings account without getting the interest money so what do I do because in Canada of we have a savings account we have to take interest otherwise we can’t have a savings account and I am not in Canada right now so I can’t open a separate account what should i do sir 😢

Can we give interest money to a person who is in urgent need of medical help and he doesn't have funds for his medical condition treatment?

But in India we cannot open Current account or convert our saving account

Where to keep money then

Allah S.W.T has cursed them who gives riba, take riba and involve in any such type of contract and witness will be given capital punishment in aakhira.

What to do if we are living in non-muslim country? Banks are adding interest and we could not resist it.. Its coming to our account.. We dont know what to do in this case.

In India INFLATIONARY factor is very common. If U' keep the funds in Banks, the inflationary factor is covered with Interest ۔ Do you agree with my opinion ۔

Can i use intrest money for service tax

Hum interst ka paise kya janwaro par use kr sakte hai. Gali k kutte ya jungli birds par

Allah says in the Quran do not consume pork but if you are starving to death and you have only pork at your disposal, then you are allowed to eat the pork. What we derive from that is that Allah is saying that you have to save your life. By the same token, if you do have a close family who is so poor that he does not have the means to buy food, what do you do, you let him starve to death. No you are allowed to give the close family the interest. It is haram for the one who receives the interest but Halal for the person who receive the interest from the interest owner.

He is a medical doctor

Many brothers like me are facing issue in opening Current Account in India. I have opened a PERSONAL CURRENT Account in SBI 2 days ago, this is how I have done it (as guided by the bank). 1. Open a Saving Account, because CIF number is mandatory to open a Current Account in SBI (State Bank of India). 2. Once the Saving Account is working, Open a "Personal Current Account". 3. Close the Saving Account once the Current account is fully functional. Now, you Bank account has become a Current Account, which is interest Free. May Allah s.w.t. give us hidayah to fight Riba. AMEEN.

Can we give interest amount to our poor or needy relatives?

Hida TV has another video of shaikh Asim saying it’s ok to take interest to give to the needy to pay off debt Will all these scholars make sense

Assalamu Alaikum Shaikh Kiya bank ka intrest janweron ke khane main kharch kar sakte hai jese Cat, Dog. Meri nazar main to yahi sabse behatr hain. Kiyonki muslim ko to hum sadqa zakat ya madad kar sakte hain halal pese se. Agar ye sahi ho to baraye mehrabani meri baat baki logon tak pohnchaye sadqa e zariya ke liye.

I still didn't get what to do in India? We only have banks to keep our hard earn money...anyone here to help?

If I have given a loan (intrest free) to my friend or my relative and they are not at all in position to pay off my debt due to poverty and health issues and gave them enough time and yet they are not able to pay off my loan (intrest free) so in that case can I keep intrest money as much as they owe to me and tell them yours debt is paid now you owe nothing to me

Does this mean that we are not even permissible to deposit our money in the bank? I am asking this cuz I am not intended to accept any interest but keeping money at safe locker could lead to Robbery and loss of money allah knows best. And if I only withdraw money with exact amount with which I deposit it earlier and leave interest money as it is in their bank will it be permissible. Please reply cuz I really want to know. I don't want to indulge in any haram activity. May Allah forgive us. Astagfirullah

I think he should know in europe you can’t keep cash. Than what you do?

Can i use intrest money for playing online games?

Opening current account is not that easy you spoke in your lecture.... We have to have business for that other wise in india bank will not open current account

Can i give interest money to any poor or masjid?

Current account not open for everyone Current account is for business man

Psing examination

The situations before 1500 years and now in 2024 is different. If we keep money at home bjp will send ED. Need a solution what can be done with interest. If we give back to bank they will give it to others for higher interest rates that will double your haram

If his opinion we have to follow, then we should not open any bank account in any conventional banks..Even islamic banks too not 100% islamic. We should be practical. Allah made this religion easy to practice. Take interest from savings account and give it to poor. Coz usually riba is oppression of poor. So giving back that interest money to them is right thing . If you can open bank account without interest that will be ok. But that situation is not available. So only option is take that interest part and give to poor.. Today's world , all banks runs based on fractional reserve. Both current and savings account involve to interest..No choice. Be practical.

Wrong explanation, we have ease in the deen. Intrest from saving account is not something we are asking bank to give us, they are giving themselves. It's our level of faith that we are keen to give it to charity without intention of sawaab and that is not haram. Thats why we should follow fiqh not listen on these issues to someone who is not expert in this line. Dr zajir naik is expert in dawah not in fiqh

Today every muslim country allowes banking on interest gov also gets profit money which banks earn from interests and gov uses that money on welfare schemes muslims get benefits from those schemes. Muslims who are paid pensions by the gov it is nothing but interest earned on deposits which gov puts in banks. Again muslims in non muslim countries take advantage of low priced ration free school free hospital gov sholarship to muslim students and so many benefits muslim enjoy without questioning which amount is used on these schemes money from taxes paid by nonmuslims they may be from businesses which are haram as per islam such as wine industries lotteries, filmindustry etc so how can muslim be so simple on this issue of interest using on poor people. zakir naik gets money from youtube does he know from which money youtube pays him. So dont be so extreme, in the whole world there is not a single country where nizame Ilahi exists so Allah say attaqullah mastatatum. Thousands of crore of rupees of muslims of interests is lying unused in indian banks and muslims are suffering aducationally monetarily and health point of view. Therefore i say use this money on poor and leave it to Allah He is ready to forgive 100 murders so how can he punish those who help poor with interest money.

According to Janab Aseem ala Hakeem we can give interest in building masjid

तुम लोग आज तक भी साहिबे निसाब पर कोई सही विचार नहीं कर पाये। जो 1400 साल से चला आ रहा है वो चलने दो बस, अल्लाह ने दिमाग दिया है पर इस मसले पर नहीं लगाने का। वो इंसान जिस रकम पर 1400 साल पहले साहिबे निसाब था वो इंसान आज उस रकम पर कैसे साहिबे निसाब हो सकता है। ये रकम वक्त की जिंदगी या तौर तरीके को ध्यान में रख कर बनाया होगा. यह मनुष्य का बुनियादी मानक व्यय हो सकता है, यह एक समय बेंचमार्क हो सकता है लेकिन इस समय के लिए कोई मानक या निर्णयात्मक नहीं हो सकता है।

I also totally disagree from your point of view. You are not solving the problems but instead of that you are creating a big problem for the public who are following Islam. finance cannot be dealt with in ancient ways. The problems are newly continuously generated, then solutions should be judgemental and developmental accordingly.

Mad person