Tag Archives: Bank Interest

Rulings for Using the Bank Interest to Pay for Administration Fee

Bank Interest

Rulings for Using the Bank Interest to Pay for Administration Fee

Assalamualaikum Warohmatullohi Wa Barokaatuh,

Ustadz, what is the ruling for using the bank’s interest to pay for interest tax or ATM card fee at the bank, is it considered as consuming usury? May Allah reward you with goodness.

Wassalamualaikum Warohmatullohi Wa Barokaatuh.

From: Abu Umair
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