Interest based childrens account

Interest based childrens accountCategory: FinanceInterest based childrens account
Nazia Ashraf asked 4 years ago

As salaamu alaikum
I would like to open an account for my children in order to have money saved for their future. 
Currently I’m putting money aside in my own personal account but as that is causing issues with government and benefits, i have no choice but to prove the money I have set aside for my children is theirs by setting up a children’s account for them
The problem is that all the current children’s savings accounts are interest based. 
Can someone please advice what i should do in this instance and if it is permissible in this situation to set up an account for them.
Jazakhalla khair