9th September 2020
السلام عليكم و رحمة الله و بركاته
Question: I have had a bank account and since a young age we received a lot of interest money which has reached to around £3000. My question is what is the best way or lawful way to get rid of it?
الجواب حامداً و مصلياً
In the name of Allāh, the Most Gracious, the Most Merciful
In reference to your query, it is ideal to open a bank account without interest being paid into it. However, when the interest money has accumulated in the account over the years, then they must be disposed of money by giving it to the poor and needy regardless of whether they are Muslim or not without the intention of reward as the money itself is tainted and unlawful. The money can also be given away to a welfare non-Islamic project.
[Allāh Knows Best]
Written by: Maulana Anas Mullah Reviewed by: Mufti Abdul Waheed
Attested by: Shaykh Mufti Saiful Islam
JKN Fatawa Department
 Ibn Abideen, raddul Muhtaar, Kitaab uz zakat, vol 2, p 292
 Ibn Nujaym, Al Bahr al Raaiq, Kitaab al Karahiyya, Fasl fil Bay’ vol 8, p229
وإلا يتصدقوا به؛ لأن سبيل الكسب الخبيث التصدق إذا تعذر الرد.