FatwaFederal TerritoriesTransactions & Finance
Bunga Dari Simpanan Pejabat Pos Atau Bank
What is the ruling on interest earned from savings at the Post Office or a bank, and how should it be handled?
Short answer
The Federal Territory Syariah Legal Consultative Committee decided on 6 May 1980 that interest earned from savings at the Post Office or a bank is haram.
A reference, not a fatwa. First sentence of the summary below — read the original fatwa and consult your state authority before acting.
- Authority
- Federal Territories Mufti Office
- Status
- Fatwa committee decision
- Series
- Keputusan Fatwa Wilayah Persekutuan (e-Fatwa)
- Topic
- Transactions & Finance
No evidence of gazettement in the source — this is not a gazetted fatwa.
Summary
The Federal Territory Syariah Legal Consultative Committee decided on 6 May 1980 that interest earned from savings at the Post Office or a bank is haram. The money must be handed over and paid into the Baitulmal for use in general public interest.
Written in our own words from the original fatwa — check the source before acting on it.
Wang bunga hasil dari simpanan di Pejabat Pos atau bank adalah haram.
Read the full fatwa on the Federal Territories website (new tab)
How to cite
Cite the original fatwa and its authority. Rujuk Fatwa is only where you found it.
Federal Territories Mufti Office. “Bunga Dari Simpanan Pejabat Pos Atau Bank”, date not stated. https://efatwa.muftiwp.gov.my/fatwa/2.%20BUNGA%20DARI%20SIMPANAN%20PEJABAT%20POS%20ATAU%20BANK%20%2811%29. Found via Rujuk Fatwa: https://rujukfatwa.com/en/fatwa/ruling-on-interest-from-post-office-bank-savings/