554 | Around 10 years ago Halifax building society merged with another bank. As a loyally bonus it gave all its customers who had been with them for sometime, 250 shares in the new company. I was one of those people. Are we allowed to receive the dividend from these shares? Although I have not paid for these shares are we allowed to use this money? | ||
If the dividends are a combination of interest and profit, then you have to make the intention that if you do use some of it, it will be from the profits and not the interest. And the remainder you can put it to use to pay for utility bills, tax. If all of it is interest then instead of giving it away to the bank or not accepting it take it and give it to some Muslim organization etc or use it also to pay bills, tax etc and don’t use it to buy food. | |||
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