Fatwa on Bank Interest

Azharul Fatawa – Collection of English Fatawa
by Taajush Shariah Hadrat Allama Mufti Mohammed Akhtar Raza Khan Azhari al-Qaadiri


Your holiness, Mufti Saheb. I request your honour to give the verdict on the following questions. May Allah Ta’ala reward you.

Question 1: Is interest totally unlawful? On which condition is the profit considered as interest?

Question 2: May a Muslim take the profit on his deposited money in the banks and the post offices which they term as “interest” in countries such as India, Britain and South Africa, etc.

ANSWER Read the rest of this entry »

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