Using interest money to make up for capital loss

Question:

Aslm

If we have a capital deposited with interest in a savings bank account for necessities, and now an amount of the capital is lost, can we take an equal amount from the interest to make up for the capital loss, and count the lost money as interest?

Answer:

Salam alaykum,

If the question you are asking is, is it halal to receive interest on capital deposited in a savings bank then the answer is no.

Hajj Gibril Haddad

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