{"id":5956,"date":"2024-07-10T07:41:53","date_gmt":"2024-07-10T07:41:53","guid":{"rendered":"https:\/\/al-mawrid.org\/questions-en\/2024\/07\/10\/does-giving-away-the-earned-riba-render-it-allowable\/"},"modified":"2024-07-10T07:41:53","modified_gmt":"2024-07-10T07:41:53","slug":"does-giving-away-the-earned-riba-render-it-allowable","status":"publish","type":"post","link":"https:\/\/al-mawrid.org\/questions-en\/does-giving-away-the-earned-riba-render-it-allowable\/","title":{"rendered":"Does Giving Away The Earned Riba Render It Allowable?"},"content":{"rendered":"<h3>Question<\/h3>\n<p>It  is said that interest earned on savings in bank account if given to  deserving people is allowed in Islam and it does not fall within the  ambit of riba. Pease comment on this view. <\/p>\n<h3>Answer<\/h3>\n<p>We  believe that giving away the money earned as interest does not change  the nature of the income. A simple example can help us understand the  issue. If a man robs someone and then helps an oppressed person that  would not change the nature of the income he gave away. Similarly the  money earned as <em>riba<\/em> remains <em>riba<\/em> even after being spent  on worthy causes. It does not change its nature. However, by giving away  the amount earned as interest means the person has not devoured <em>riba<\/em>. God-conscious people do not voluntarily receive <em>riba.<\/em>  Nor do they enjoy it. This way they show their commitment to follow the  divine commands. Such people could validly take the amount that is lost  in inflation. Giving away even the lawful part makes their deed more  worthy.<\/p>\n<p><strong>Answered by:<\/strong> Tariq Mahmood Hashmi<\/p>\n<p><strong>Date:<\/strong> 2015-03-10<\/p>\n<button class=\"simplefavorite-button\" data-postid=\"5956\" data-siteid=\"1\" data-groupid=\"1\" data-favoritecount=\"0\" style=\"\">Favorite <i class=\"sf-icon-star-empty\"><\/i><\/button>","protected":false},"excerpt":{"rendered":"<p>It  is said that interest earned on savings in bank account if given to  deserving people is allowed in Islam and it does not fall within the  ambit of riba. Pease comment on this view. <\/p>\n","protected":false},"author":1,"featured_media":14147,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1169],"tags":[1534,1212,1533,1211],"class_list":["post-5956","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economic-issues","tag-allow","tag-interest","tag-riba","tag-sood"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Does Giving Away The Earned Riba Render It Allowable? - Al-Mawrid Queries<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/al-mawrid.org\/questions-en\/does-giving-away-the-earned-riba-render-it-allowable\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Does Giving Away The Earned Riba Render It Allowable? - Al-Mawrid Queries\" \/>\n<meta property=\"og:description\" content=\"It is said that interest earned on savings in bank account if given to deserving people is allowed in Islam and it does not fall within the ambit of riba. 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