Working in Conventional Bank : work in banking sector

Fatawa Question

Assalamu Alaykum Wa Rahmatullah Wa Barakatuh, Dear Brother, I want to know according to Shari’ah in ISLAM is it permissible for us to work in banks. I am really confused about it, because many people stated me that it is not allowed for Muslims to associate themselves with bank. But at the same time many even suggested me that YES we can work in banks because we are not taking any interest, it is the bank who is charging and a company is a separate entity. But still I personally believe that we should not work in banks because by working in banking sectors we are helping them to grow the business which is forbidden by Allah. My point is if there is no employee to work then how can you run an organization. Kindly give your suggestion on the above and let me know whether we can work in a bank or not (with the light of Sahih Hadith). Allah Hafiz.

Fatwa

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Publication Date

2008-06-16

Main Subjects

Economics & Business Administration
Islamic Studies

No. of Pages

1

Data Type

Fatawa

Language

English

Record ID

BIM-730883

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