Working in companies that sometimes deal in interest : working in a company owned by a bank
Fatawa Question
Dear Sheikh, I'm currently working for an investment broker that is owned by a commercial bank. My responsibility is, to disburse the fund such as checks or wires to the clients that sell their stock, this money also accumulates some interest in it, but different people who calculate the interest and add to the request. What I do is, to pay in a lump sum amount to the clients. My question is, is it permissible for me to work for this company ? Because, I read in one Hadith has mentioned that the people who are witness to interest are also committing the same sin as the people who are paying or taking interest. Is my position similar to this Hadith that the prophet mentioned ? Please advise. Jazakallahu Khairan.
Fatwa
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Publication Date
2001-08-08
Main Subjects
Financial and Accounting Sciences
Islamic Studies
Topics
No. of Pages
1
Data Type
Fatawa
Language
English
Record ID
BIM-724960
American Psychological Association (APA)
Qahf, Mundhir. 2001-08-08. Working in companies that sometimes deal in interest : working in a company owned by a bank. .
https://search.emarefa.net/detail/BIM-724960
Modern Language Association (MLA)
Qahf, Mundhir. Working in companies that sometimes deal in interest : working in a company owned by a bank. 2001-08-08.
https://search.emarefa.net/detail/BIM-724960
American Medical Association (AMA)
Qahf, Mundhir. 2001-08-08. Working in companies that sometimes deal in interest : working in a company owned by a bank.
https://search.emarefa.net/detail/BIM-724960