Massallah pertaining to interest money

Question ID: 23622

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 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 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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Marked as spam
Answered on May 23, 2010 12:00 am