Uses of interest

Question ID: 32212

AssalamuAlaikum respected Muftisaheb.
After working for government I have resigned and received some money that includes my own compulsory pension contribution, the employers contribution and some interest.
1.) is my contribution and the employers contribution together without the interest Halaal for me to use?
2.) I want to pay off my car and my husbands car with this money’s and since the settlement figure for the cars is less that the amount they were purchased for I read that this difference is interest. I cannot pay the bank more than the settlement figure so can I dispose of this difference as interest?
3.) can interest be used to pay medical aid or car insurance?
4.) can interest be donated to Syria?

Jazakallah Khayr

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Asked on December 22, 2016 6:23 am
Private answer


السَّلاَمُ عَلَيْكُمْ وَرَحْمَةُاللهِ وَبَرَكَاتُهُ

1.) Not the interest.
2.) ?
3.) Car insurance.
4.) Yes.

وَعَلَيْكُمُ السَّلَام وَرَحْمَةُ اللَّهِ وَبَرَكَاتُهُ وَمَغْفِرَتُهُ
Mufti Elias

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Answered on January 11, 2017 5:17 pm