Interest Earned On A Bank Account Used To Pay Bank Charges

Question

Can I use the interest earned on my bank accont to pay off  the bank charges?

Answer

Bank charges are a legitimate fee that the bank levies for services that are rendered by them. By utilizing interest to pay these charges, you are taking benefit from the interest; hence this will not be permissible.

Checked and Approved By:

Mufti Muhammed Saeed Motara Saheb D.B.

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