What should be done with Interest (usury)?

Q: Assalaamualikum Mufti saab,

Who are the people deserving for the interest money which we get in our account, and I know that this money should be given without any niyah (intention). Detailed description would be helpful for me.

A: Wa Alaikum As Salaam,

Those who are poor and needy can be given this money whether they are Muslims or non-Muslims. The intention must not be that of Sadaqah and to receive blessings.

Instead, one should simply give it, since he is not the owner of it and cannot make a claim over it.

And Allah Knows Best.

Mufti Waseem Khan.