Studying and working in the other financial firms and the financial sector : working in an interest based company

Fatawa Question

[Question One] : Dir Sir, I am from Sri Lanka. We are minority in our county. Most of the companies are dealing with interest. I am working for a finance company as a software engineer. I have been working here for more than 10 years. The companies' main business is deposit and leasing that is mainly interest oriented. I think working for this company is prohibited. I have been trying to get a job for years, as I have the experience in banking / finance. It is vary difficult to find a job from non interest oriented company. Is it acceptable if I keep on working here till I find a Job and is it acceptable if I save money from my salary ? Please be good enough to give me Fatwa as soon as possible [Question Two] : Thank you vary much for your kind consideration of my request for a Fatwa. Please be good enough to explain me a bit, my confusion is whether I am helping for interest (Riba) as a software engineer, providing service to other interest related department. I will be vary happy and satisfied till I work for this company, if you could clarify this problem further. Wassalam

Fatwa

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Publication Date

2003-03-13

Main Subjects

Financial and Accounting Sciences
Religion
Islamic Studies

Topics

• Islamic jurisprudence
• Financial institutions
• Financing
• Labour
• Usury

No. of Pages

2

Data Type

Fatawa

Language

English

Record ID

BIM-724936

• APA
• MLA
• AMA