I converted to Islam over than two years ago and due to my young age and for being a student, I am still financially dependent on my parents who are Christians. The problem is that part of my parents’ money comes of interest. What does the Hanafi school of jurisprudence say about benefitting from my parents’ money?

 

It is permissible for Muslims to accept the gifts of non-Muslims and the permissibility of gift exchange between Muslims and non-Muslims was mentioned in various prophetic traditions. Al-Bukhari recorded that the Prophet (peace and blessings be upon him) offered a garment to ‘Umar Ibn al- Khattab to give it as a gift to his non-Muslim brother.

As for the opinion of Hanafi scholars on this matter, the Hanafi school permits Muslims to engage in corrupt contracts in non-Muslim countries. Their opinion is based on numerous evidences, one of which is the practice of usury by Ibn ‘Abbas in Makkah and the fact that the Prophet (peace and blessings be upon him) did not deem it impermissible before the conquest of Makkah. Consequently, it is permissible for you to benefit from your parents’ money.

On a final note, we would like to advice you that part of being grateful to God for guiding you to Islam is to show kindness to your parents and giving them loving care. This is a true representation of what Islam is all about.
And God Almighty knows best.