Dr. Monzer Kahf, a prominent economist and counsellor states: “Earned interest money is not considered earned from Shari`ah point of view. It is not in fact one’s property. But one doesn’t return it to the payer because it is a bank that deals with interest and if one gives the bank that money, because one will encourage and help it to do more of that evil. One must give it to charity. I prefer Muslim charity because there is a lot of miseries everywhere in the Muslim world today.