The World Federation One Stop Fiqh

Ask an Alim

Is the profit from banks valid in some cases or not?


Aoa. My parents are taking profit from bank. I have heard it is haram to take profit from bank. I told them it might be a sin but they say we need it to survive. They are old age now and I still think if it is a sin and profit is ‘sood’ so I should run away from my home. Is it fine for me to run away or will it be a sin to do so as my parents are old? Please guide me.


Wa alaykum salaam wa rahmatullah

First of all, to receive interest from non-Muslims or a non-Muslim bank is not forbidden. If such sood (profit) is obtained by your parents it is lawful and permissible. Secondly, even if you are certain that the money your parents have is from a forbidden source this does not necessarily mean that all the transactions they have engaged in are unlawful. For example if they have purchased items in return for a general amount of money (al-kulli fi al-dhimmah) — as is often the case — and then they subsequently paid for that item with money that was not lawfully their’s, the transaction is still valid. As a result, those items belong to them in a lawful manner.

Lastly, the obligation to treat your parents based on kindness always remains. As Allah the Exalted has said in His book,

Your Lord has decreed that you shall not worship anyone except Him, and [He has enjoined] kindness to parents. Should any of them or both reach old age at your side, do not say to them, ‘Fie!’ And do not chide them, but speak to them noble words. [17:23]

May Allah give us the tawfiq to serve our parents and always live a life of servitude and obedience to Him.

Sheikh Mahdi Kassamali.