Question ID: 23622
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As salaamu-aliakum
Mufti saheb
I would like to know the ruling ,regarding interest money.I was told that it is ok to give a muslim my interest money from the bank to pay off their interest loan they have with the bank.
They had already paid off the capital amount.now paying only interst.I understand the capital to be eg.if loan was taken for R200 and interst was charged at another R200. so the capital of R200 is already paid off.now paying only the interst.
Mufti please advise if I can use my interst money for this purpose.
Jazakallah khair

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Asked on May 23, 2010 12:00 am
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Yes
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Answered on May 23, 2010 12:00 am