Bank accounts deposits, etc. : investing my money for a stable interest

Fatawa Question

Dear Dr. Monzer, Assalamu Alaykum Wa Rahmatullahi Wa Barakatuh, Following is a financial question about the ruling of investing money for a stable interest First Name : Suleiman Salaam Brother.. I am student in UK pursuing my masters in investment and Finance. I reside in Saudi Arabia and intend to return back after my studies.. What I wanted to enquire is since I'll be working in the banking sector, is working in banks Haram and above all is the Saudi Stock market Haram, as all the world markets are Haram as thy are based on speculation. If I work in an investment bank, will all my earnings be Haram... Jazaak Allah Jazakum Allahu Khairan for your constant help Yours, Muhammad

Fatwa

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Publication Date

2009-06-09

Main Subjects

Financial and Accounting Sciences
Religion
Islamic Studies

Topics

No. of Pages

2

Data Type

Fatawa

Language

English

Record ID

BIM-730430

American Psychological Association (APA)

Qahf, Mundhir. 2009-06-09. Bank accounts deposits, etc. : investing my money for a stable interest. .
https://search.emarefa.net/detail/BIM-730430

Modern Language Association (MLA)

Qahf, Mundhir. Bank accounts deposits, etc. : investing my money for a stable interest. 2009-06-09.
https://search.emarefa.net/detail/BIM-730430

American Medical Association (AMA)

Qahf, Mundhir. 2009-06-09. Bank accounts deposits, etc. : investing my money for a stable interest.
https://search.emarefa.net/detail/BIM-730430