Is it permissible for a muslim to work as a loan officer in a bank which is owned by non-muslims,the bank give loans which is payed back with certain interest.
Question
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Is it permissible for a muslim to work as a loan officer in a bank which is owned by non-muslims,the bank give loans which is payed back with certain interest.
Answer
Such employment in banks of this nature is prohibited.
and Allah Ta'ala Knows Best
Mufti Muhammad Kadwa
FATWA DEPT.
- Answered by
- Mufti Muhammad Kadwa
Where scholars differ, it’s safer to take the more cautious view.
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Source: Darul Iftaa Mahmudiyyah — https://askimam.org/public/question_detail/7145
Fatawa SA: https://fatawa.co.za/fatwa/askimam-7145