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Interest Money Spend For Umra Or Hajj
My question is can I spend interest money to send to someone who is eligible for umra or Hajj
I deposited my money in the chase bank for 6 months and I am getting interest on. That money can I spend on another person to perform umra or hajj because I don’t want to spend that money on my family?
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1 Reply
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Interest Money Spend For Umra Or Hajj
updated 11 months ago
2 Members
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The profit earned from a savings account is not entirely classified as Riba or Sood (interest). Banks primarily generate income through various investments, so you may use this profit for any beneficial purpose. However, if you follow the view of scholars who consider savings account profit as Riba, then it would be best to avoid using this money for purposes deemed pure or sacred.
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