Riba Policy


The objective of our Riba Policy is to outline how the charity views and deploys Riba donations received. We hope that in future no riba is generated which would negate the need for such a policy, but in the meantime whilst there is riba we want to facilitate a charitable means of cleansing it for donors.



Riba (usury/interest) is a major sin in Islam and is haram (forbidden).

"O those who believe; fear Allah and give up what still remains of the Riba if you are believers. But if you do not do so, then be warned of war from Allah and His Messenger. If you repent even now, you have the right of the return of your principal; neither will you do wrong nor will you be wronged."

Surah Al Baqarah 2:278-9

Any haram income (including Riba) must be given to charity as a means of purifying the rest of one’s wealth. Our charity will accept Riba donations as a means of cleansing the wealth of the donor. It will only be used for specific purposes as outlined in this policy.


Overheads and Beneficiaries

As riba is a social harm the most appropriate use is to combat social harams or to benefit society at large.

Riba donations will be used by our charity for the following purposes only.

Organisation admin costs including payroll and general taxes

Riba will NOT be used for any ibadah purposes (e.g. masjids or Islamic education) nor for the net wages received by any Muslim employee.


Riba Officer

Graham Layton Trust has designated Jehangir Mehta (Treasurer) as the Riba Officer.

For further information or enquiries about our treatment of Riba, email: enquiries@glt.org.uk


Shariah Advisor

Graham Layton Trust will appoint annually, and normally for a minimum of three years, Mufti Mohammad Ibrahim Isa to review and audit it’s Riba policy, procedures and practices.


Board of Trustees

The Board of Trustees will be responsible for approving this Riba policy on an annual basis. Graham Layton Trust is committed to educating and upskilling current and prospective trustees on all matters of Riba policy and procedure to provide confidence to donors around competent governance and oversight processes.



Graham Layton Trust is committed to transparency by making its Riba policy available online on its website.