Our commitment to humanitarian work, spanning more than three decades, is taking on an even more significant dimension.
In Islam, it is forbidden to profit from bank interest; therefore, transforming it into donations for humanitarian causes offers an alternative that complies with ethical principles.
This gesture, both simple and profound, actively contributes to our overall mission, supporting all our initiatives to meet the most pressing needs.
Ethical Use of Your Banking Interests at Human Appeal
At Human Appeal, we take an ethical approach to the use of accrued bank interest. Recognizing that riba (interest) is contrary to Islamic principles, we redirect these funds to support our fundraising efforts rather than using them directly for our humanitarian projects. This strategy allows us to maximize the effectiveness of our campaigns while remaining true to our ethical values.
By transforming bank interest into resources for our marketing initiatives, you participate in a form of solidarity that amplifies our reach and impact. Your contribution helps promote our efforts and engage more people in our cause, thereby strengthening our overall mission.
Your commitment through the donation of your bank interest plays a crucial role in the continuation of our work. It supports campaigns that raise awareness and mobilize the necessary support to help the most vulnerable communities. Thank you for joining us in this ethical approach to creating a more just and equitable world.
O believers! Fear Allah, and give up outstanding interest if you are ˹true˺ believers.
Quran 2:278
In Islam, riba means interest or usury, which is making money simply by lending money. It is seen as unfair because it allows someone to profit from another person’s debt without offering real work, effort, or value in return. Islam teaches that financial dealings should be fair and equal, without taking advantage of others.
If you receive interest from a bank and don’t want to keep it because it goes against Islamic principles, you can give it to Human Appeal. This way, the money is put to good use without benefiting you personally. It turns something you disagree with into a positive act that supports important humanitarian work and reflects Islamic values of helping others.
Make A DonationBank interest is considered haram (forbidden) because it represents a form of riba, which contradicts the principles of equity and justice advocated by Islam. Usury increases inequality and exploits individuals, opposing the values of solidarity and mutual support promoted by the Muslim faith.
Saving is a responsible financial practice and is not inherently forbidden in Islam. However, interest earned on savings, such as those in bank accounts, is considered riba (usury). Therefore, Muslims are encouraged to choose savings methods that do not generate interest or to invest in options that align with Islamic finance principles.
Interest accrued on savings accounts is typically credited at the end of the calendar year. For individuals who adhere to Islamic principles, it is advisable to purify these earnings by donating them to charitable causes or by refraining from accumulating them entirely.
In line with the principles of charity in Islam, donating your usurious interest to charitable organizations such as Human Appeal allows you to rid yourself of these illicit gains.
