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Counterbalancing one another’s interest in the bank
Question: 6002
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?
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.
Source:
Sheikh Muhammed Salih Al-Munajjid
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