The Majlis Archive

Finance - Banking - Business The Majlis Vol 20 No 07, p.4

Is it permissible to pay transfer fees and rates with interest money.

Question

Is it permissible to pay transfer fees and rates with interest money. May workers be given their annual bonus with interest?

Answer

Yes, the haraam interest money may be used to pay the haraam transfer fees and the haraam rates and taxes. It is not permissible to pay bonuses to workers with interest money.

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Published in
The Majlis Vol 20 No 07
PDF page
4

Appears under Questions and Answers (approximate).

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