ANSWER:

$80

QUESTION: If a bank gives me $100 in interest and deducts $20 for tax, I end up with $80 instead of $100. I want to give the interest to needy or poor people. Should I give the $80 or the original $100?

Riba | July 8, 2024 8:37 am
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QUESTION: I just started a job in a company where my task is to recommend my clients which banks offer the least interest and help them with the application form then it is on the client whether he decides to go with the banks or not, my work is just the application and suggestion. Is this job halal?
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QUESTION: I invested in a tax saving mutual fund since last two years which has around 30% of their portfolio in interest based banks. As soon as I got to know it’s haram, I stopped it. But what should I do about the already invested amount?