Fatwa: # 17329
Category: Financial Transactions
Country: Qatar
Date: 18th November 2008

Title

My wife was a Hindu and accepted Islam 4 years ago. Many years ago her father who is still a Hindu, had invested money in a Postal Service Scheme in her name and deposited Rs. 20,000.

Question

Assalaamu Alaykum wa Rahmatullahi wa Barakatuhu,

My wife was a Hindu and accepted Islam 4 years ago. Many years ago her father who is still a Hindu, had invested money in a Postal Service Scheme in her name and deposited Rs. 20,000. This money has now matured to the value of Rs. 80,000 and wants my wife to take the money. As per my contention this money is Haraam because of ineterest and refused to take the money in total. What do we do in this situation?

Answer

In the name of Allah, Most Gracious, Most Merciful

Assalaamu `alaykum waRahmatullahi Wabarakatoh

In principle, it will be permissible for your wife her to accept the entire amount as it will be regarded as a gift to her from her father. Since the investment was carried out by a non Muslim, who is not obliged to adhere to the Furooa’at (Laws of Shariah other than Tawheed), there is no harm in accepting the money even though it has an interest component.

And Allah knows best

Wassalam

 

Checked and Approved by:

Mufti Ebrahim Desai
Darul Iftaa 

DISCLAIMER - AskImam.org questions
AskImam.org answers issues pertaining to Shar'ah. Thereafter, these questions and answers are placed for public view on www.askimam.org for educational purposes. However, many of these answers are unique to a particular scenario and cannot be taken as a basis to establish a ruling in another situation or another environment. Askimam.org bears no responsibility with regards to these questions being used out of their intended context.
  • The Shar's ruling herein given is based specifically on the question posed and should be read in conjunction with the question.
  • AskImam.org bears no responsibility to any party who may or may not act on this answer and is being hereby exempted from loss or damage howsoever caused.
  • This answer may not be used as evidence in any Court of Law without prior written consent of AskImam.org.
  • Any or all links provided in our emails, answers and articles are restricted to the specific material being cited. Such referencing should not be taken as an endorsement of other contents of that website.
The Messenger of Allah said, "When Allah wishes good for someone, He bestows upon him the understanding of Deen."
[Al-Bukhari and Muslim]