Is It Permissible to Use Inherited Money That Includes Interest Income?

Question

Assalamu Alaikum. My father has passed away. He had bought shares of a conventional (interest-based) bank while he was alive. He received dividends/profits from those shares. Now some part of that wealth has come to me. I am the only son and heir of my father. I want to buy a computer with that money. The computer will mainly be for education, skill development, learning programming/design and general use. I myself am not involved in any interest-based transactions. Question: Will it be permissible for me to buy a computer with this money? If there is an interest-based income part in the money, then what should I do? Jazakumullahu Khairan.

Accepted Answer

Walekumussalam,

The wealth that has come to you through inheritance from your late father is yours. However, if there is an amount within that wealth which you know, or reasonably believe, consists of interest-based or otherwise impermissible income, then that amount should be given away to the poor and needy or spent on public welfare projects without the intention of earning reward.

After removing such an amount, you may use the remaining wealth for your lawful and permissible needs. Therefore, it is permissible to purchase a computer for education, learning programming, design, skill development, and other legitimate purposes.

Is It Permissible to Use Inherited Money That Includes Interest Income?

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