Search
AMP Interest Aid
Purify Your Wealth!
Riba/Interest is haraam and NOT permissible for Muslims to keep it or benefit from it in any way. Usually, Muslims do not use the interest money and try to donate it in a good cause, without the niyat of Sawab. However, most of the times they do not know where or which cause it should be given to.
In the Holy Qur'an, Allah SWT says, “Allah destroys all blessings from interest and increases generously the reward for charity.” [Surah al-Baqarah, 276]
Interest has become so completely institutionalized and accepted in today’s economies that it is almost impossible to stay away from paying or receiving interest. Quarterly interest deposited by your bank in your Salary/Savings Account is one such source, though the amount is small, it still is categorised as interest.
The Fuqah and Scholars from all schools of thoughts have agreed on the usage of the Interest for helping the needy, instead of leaving it in the bank for some UN-ISLAMIC acts. The interest that the bank gives you, do not give it back to the bank (else they use it to earn more interest and can sometime use in unshariah ways ), and do not consume it yourself. Rather spend it on charitable causes, such as giving it to the poor and needy or supporting community-based projects, without the niyat of Sawab.
Alhamdulillah! AMP provides a platform to people to donate their Quarterly/Annual interest in charity so that this amount can be used by AMP for the upliftment of the Muslim Ummah by way of Educational & Economic empowerment. Your interest is utilised in Shariah-compliant welfare projects as well for administrative costs like;
Get rid of Interest/Riba and purify your wealth by supporting the AMP movement!
You may either deposit your interest money in the following Bank Account below;
Account Name |
Association of Muslim Professionals - Interest |
Account No. |
8346479740 |
Account Type |
Savings |
Bank Name |
Kotak Bank |
Branch |
Mumbai Central |
IFSC Code |
KKBK0001348 |
Note:
IndiaZakat.com:
Alhamdulillah! AMP has another solution for you. We’ve launched a cause on IndiaZakat.com to collect interest donations that will be channelled to programs that benefit the needy - carefully verified by our in-house Shariah team;
www.indiazakat.com/Campaign/18182/Offload-Your-Interest-Riba-for-a-good-cause-and-get-rid-of-it
Donate with confidence!
It’s now easier and more accessible for you to purify your Wealth!
Note: Please share this special opportunity with your friends and family as well.
My name is Rahil. Though belonging to a very humble household where we could barely make ends meet I always had big aspirations. I am pursuing my B.E. in Mechanical Engg. from AIKTC School of Engineering and Technology, New Panvel. However like all good things, Education also comes with an ... Read more
Inform your friends about AMP so that they can also be a part of this great platform.
Keep yourself updated about all the AMP Activities so that you can contribute wherever you can.
Ration Kits Distribution during #Covid
ETV Bharat - 11 May, 2021
AMP Provides Education Scholarships for 100 Covid-19 Orphans
The Times of India - 1 Sep, 2021
Charity in Ramzan, goes online to uplift the needy
The Times of India - 18 Mar, 2024
* Both fields are required.