Mufti Online — Madrasah Ta'leemuddeen

Working for a bank

· 19 Jumada I 1439 AH1 min readEnglish

Question

I'm looking for a job and I got an offer in at an Investment Banking. I didn't know if I should accept it because I do not know if working in a bank is haram? Can I accept this job offer?

Answer

The majority dealings of all conventional banks are in total contradiction with the laws of Shari'ah. Their main operation revolves around interest and usury. Hence one should refrain from taking employment in a bank.

And Allah Ta'ala (الله تعالى) knows best.

Answered by
Mufti Zakaria Makada
Checked & approved by
Mufti Ebrahim Salejee (Isipingo Beach)
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Source: Mufti Online — Madrasah Ta'leemuddeen — https://muftionline.co.za/node/24324
Fatawa SA: https://fatawa.co.za/fatwa/muftionline-24324

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