I Keep My Money in a Swedish Bank, and at the End of the Year the Bank Gives Me — Jurisprudential Answers — Miscellaneous Issues, Vol. 1

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Question and answer [link]

Question 95

I keep my money in a Swedish bank, and at the end of the year the bank gives me interest. I send that interest to poor people in Iraq in order to avoid riba. I assume I receive no reward for this, but I want to stay away from riba. I am also compelled to keep my money in the bank to protect it from theft. Am I acting correctly or incorrectly?

Ahmed al-Hasan Response:

Riba applies between believers, and between a believer and a Muslim who does not show hostility toward the family of Muhammad (a) in word or deed. There is no riba between a Muslim and a non-Muslim. Therefore, the interest given to you by the bank belongs to you. You may spend it on yourself, give it in charity, or use it as you wish in a way pleasing to God. You are rewarded for giving it in charity because it is money you own and have given in charity.

published translation. Source [1]

Source: الأجوبة الفقهية (مسائل متفرقة - ج1); Question 95; Page Not available; FIQH-MISC-V1-Q095. View Arabic source · Open the original Arabic source ↗

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References

  1. السيد أحمد الحسن. الأجوبة الفقهية (مسائل متفرقة - ج1). Question 95; Page Not available. FIQH-MISC-V1-Q095. View Arabic source
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الأجوبة الفقهية (مسائل متفرقة - ج1) — السيد أحمد الحسن. Question: 95. Page: Not available. FIQH-MISC-V1-Q095. https://ahmedalhasan.org/ar/Library/BookContent/97

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Editorial notes

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View source · Page information
{
  "id": "FIQH-MISC-V1-Q095",
  "book_title_ar": "الأجوبة الفقهية (مسائل متفرقة - ج1)",
  "author": "السيد أحمد الحسن",
  "question_number": 95,
  "page_number": null,
  "source_url": "https://ahmedalhasan.org/ar/Library/BookContent/97",
  "source_language": "ar"
}