Mufti Online — Madrasah Ta'leemuddeen

Working for a bank

· 20 Dhuʻl-Qiʻdah 1435 AH1 min readEnglish

Question

1. Is it permissible for a person to do a job in a bank when he can not get any other job?

2. Is it permissible for a person to take a loan from a bank (for home) or to start his own bussiness?

Answer

1. If the job is of a permissible nature e.g. sweeping, making tea, it will be permissible, however being part of an interest-based operation is detestable.

2. Since the loan the bank provides is an interest bearing loan, it will be haraam.

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/7615
Fatawa SA: https://fatawa.co.za/fatwa/muftionline-7615

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