Offsetting interest with interest;nailpolish

Question ID: 27735
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slms Mufti Saheb

I have 2 questions

1.I have recently opened up an account with the intention of gaining interest . the interest gained is being used to offset interest that was accumulated on a loan i had .

Is this permissible?

2. Is the wearing of nail polish permissable? if Yes please advise whether it can be used during salaah and whether wudhu is valid.

Jazakallah

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Asked on January 7, 2009 12:00 am
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Private answer

1) No - intention makes it Haraam. Put your money for safe keeping, then the interest incured use.

2) If the water does not penetrate the polish and reach the nail then Wudhu will not be valid.

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Answered on January 7, 2009 12:00 am