Is there zakah in usurious wealth?
Machine translationRead the Arabic original
Question:
Many people deal with banks, and these transactions may include forbidden transactions, such as riba, for example. Is there zakah in this wealth? And how is it paid?
Answer:
Dealing in riba with banks and others is forbidden, and all the interest resulting from riba is forbidden. It is not wealth belonging to its owner; rather, it must be spent on public benefit, such as repairing public restrooms, if he received it while knowing Allah’s ruling on the matter.
As for if he did not receive it, then he is entitled only to the principal of his capital; because of Allah’s saying (Glorified and Exalted is He) :[Al-Baqarah 2:278] So if you do not, then be informed of a war from Allah and His Messenger. And if you repent, then yours is the principal of your wealth; you will not wrong, nor be wronged. [al-Baqarah: 278-279].
As for if he received it before knowing Allah’s ruling on the matter, then it belongs to him, and he is not required to pay it out of his wealth; because of Allah’s saying (Glorified and Exalted is He) : [al-Baqarah: 275].
He owes zakah on his wealth that is not from riba profits, just as he owes zakah on his other wealth where zakah is obligatory.
This includes the riba profits that came to him before he knew the ruling, for they are part of his wealth according to the aforementioned verse. And success is from Allah.
Many people deal with banks, and these transactions may include forbidden transactions, such as riba, for example. Is there zakah in this wealth? And how is it paid?
Answer:
Dealing in riba with banks and others is forbidden, and all the interest resulting from riba is forbidden. It is not wealth belonging to its owner; rather, it must be spent on public benefit, such as repairing public restrooms, if he received it while knowing Allah’s ruling on the matter.
As for if he did not receive it, then he is entitled only to the principal of his capital; because of Allah’s saying (Glorified and Exalted is He) :
O you who have believed, fear Allah and give up what remains [due to you] of interest, if you should be believers.
يَا أَيُّهَا الَّذِينَ آمَنُواْ اتَّقُواْ اللّهَ وَذَرُواْ مَا بَقِيَ مِنَ الرِّبَا إِن كُنتُم مُّؤْمِنِينَ As for if he received it before knowing Allah’s ruling on the matter, then it belongs to him, and he is not required to pay it out of his wealth; because of Allah’s saying (Glorified and Exalted is He) :
But Allah has permitted trade and has forbidden interest. So whoever has received an admonition from his Lord and desists may have what is past, and his affair rests with Allah. But whoever returns to [dealing in interest or usury] - those are the companions of the Fire; they will abide eternally therein.
وَأَحَلَّ اللّهُ الْبَيْعَ وَحَرَّمَ الرِّبَا فَمَن جَاءهُ مَوْعِظَةٌ مِّن رَّبِّهِ فَانتَهَىَ فَلَهُ مَا سَلَفَ وَأَمْرُهُ إِلَى اللّهِ وَمَنْ عَادَ فَأُوْلَئِكَ أَصْحَابُ النَّارِ هُمْ فِيهَا خَالِدُونَHe owes zakah on his wealth that is not from riba profits, just as he owes zakah on his other wealth where zakah is obligatory.
This includes the riba profits that came to him before he knew the ruling, for they are part of his wealth according to the aforementioned verse. And success is from Allah.
Source
binbaz.org.sa
The Arabic text is copied verbatim from the original source, without any edits.