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﴿ فَاسْأَلُوا أَهْلَ الذِّكْرِ إِن كُنتُمْ لَا تَعْلَمُونَ ﴾

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Paying bank interest to the charitable association

Machine translationRead the Arabic original
Question:
Honorable Shaykh, may Allah grant you success. A questioner says: A wealthy person deposits his money in the bank and takes interest on it, then he pays it to the charitable association.

Answer:
No, it is not permissible to take riba (usury or interest) and say, "I will consume it by giving it to the association." You are giving the association riba, which is haram (forbidden) money. This is not permissible. Yes.
Source شرح العقيدة الواسطية [ صالح الفوزان ] [ 1438هـ ]، بداية من قوله : وقوله : { ولله العزة ولرسوله وللمؤمنين } — islamhouse.com (55:31)

The Arabic text is a machine transcription of the audio recording.

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