Working in companies that sometimes deal in interest : working in a store that takes interest loans

Fatawa Question

My father works as economist in a shop which buy the goods (that it sells), with credit with interest taken from the banks. My father makes the account of the shop. Is this Haram or not ? What should I do if yes. My father, Although Muslim, does not understand me in religious questions. I have not a job. Jazzak Allahu Hajran kethira Notes : we Albanian Muslims need a scholar hear because we haven’t anyone. We have a lot of questions and we are unorganized.

Fatwa

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Publication Date

2002-06-02

Main Subjects

Financial and Accounting Sciences
Islamic Studies

Topics

• Banks
• Islamic jurisprudence
• Bank loans
• Usury

No. of Pages

1

Data Type

Fatawa

Language

English

Record ID

BIM-724986

• APA
• MLA
• AMA