Scammed by a travel agency

Oct 8, 2022 | Banking/ Interest

Question:-

I wanted to ask, if I got scammed by a travel agency, can I count the money which was stolen as interest money, as I have some interest money to give away?

Answer:-

In the queried scenario, interest funds cannot be used to cover the losses which you have incurred with the travel agency, as doing so is tantamount to benefitting from interest funds. It is not permissible to derive any form of benefit from interest funds.

The interest funds in your possession will have to be disposed to the correct recipients, that is, either poor Muslims that are eligible for Zakaat or poor non-Muslims.

واحل الله البيع وحرم الربوا (البقرة – اية 275)

ALLAH TA’ALA KNOWS BEST!

ANSWERED BY:

Mufti Mohammed Desai

Date: 11 Rabi-ul-Awwal 1444 / 08 October 2022

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