“Allah will destroy Riba (Interest) and will give increase for Sadaqat (deeds of charity, alms, etc.) And Allah likes not the disbelievers, sinners”. (Holy Qur’an, Al-Baqarah, Chapter 2, Verse 276)
Assalaamoalaikum warahmatullaahi wabarakaatuhu, Dear Fellow Muslims
,Interest (Riba) is considered
haram and is forbidden and should be avoided at all costs. At one place in the Holy Qur’an (Ayah 279 of Surah Baqarah) Allah SWT says that taking Riba or Inetrest is like
waging a war against Allah & His Messenger Prophet Muhammad (SAW), Allah-o-Akbar.
These days it becomes difficult to avoid accruing interest as most Indian & Western banks automatically apply for interest payments on money in any account, meaning many Muslims accrue it without meaning to.
If you have any interest money accrued in your account and want to use it to make a donation to help a person in need, please consider giving it to
IndiaZakat.com as a general donation. Your donation will be thankfully received and used to support a person in need.
This Fund will be used for:👉🏻 Livelihood support of orphans, widows, poor and needy👉🏻 Skill development of small entrepreneurs👉🏻 Healthcare needs👉🏻 Emergency relief to disaster-affected people👉🏻 Support to physically challenged persons👉🏻 Support to deserving persons of other faiths👉🏻 Building bathrooms and toilets It is not permissible for Muslims to keep
Interest (Riba) or benefit from it in any way. In fact, the literal meaning of riba (interest) as it is used in the Arabic language means to excess or increase. In contrast, the Holy Qur'an says, “
Allah decreases interest and increases sadaqah”. From the Islamic point of view, interest means effortless profit which is free of exchange.
"O you who have believed, fear Allah and give up what remains [due to you] of interest if you should be believers." - (Quran 2:278) Hence get rid of interest by giving it to charity, donate at
IndiaZakat.com in a Shariah-compliant way (for halal purposes). At
IndiaZakat, your donations help us save lives and are implemented in Shariah-compliant projects. Come forward and make a difference.
Utilize your interest amount for a better cause & earn Jazaa-e-Khair!