Is it possible to counterbalance each other
the interest of a borrowing by the winning interest of an investment in the same bank in
order to avoid practicing usury and so taking advantage of different banking transactions?
0 / 0
7,29804/08/1999
Counterbalancing one another’s interest in the bank
Question: 6002
Answer
Praise be to Allah, and peace and blessings be upon the Messenger of Allah and his family.
If it is proven that your friend has repented from riba and that he has a debt he owes and cannot pay, then you can get rid of the riba you have been given by giving it to him, otherwise do not give it to him.
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Source:
Sheikh Muhammed Salih Al-Munajjid
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