Working in banks and banking institutions : job in money market

Fatawa Question

Salam Alaykum,. Mohtram Ulama E Karam. Assalam O Alaikum, I'm working in SEARS for about $ 11 / hr, with no benefit. Nowadays I have an offer in a company like money mart for $ 14-15 / hr with full benefits. This job is like a bank job. They give small loans to the people who have bad credit and take it back within a month with more interest rate as banks do. I'm confused about this issue. The offering authority (he has been my boss before in MAC'S) asked me not to be confused, because it is like a bank job and almost everyone in Canada is involved in this banking system ; one way or the other e.g. mortgage, line of credit etc. He said even people bought places for mosques in the same way. He further added; we are not so rich to lose these type of opportunities, because we will do our job only and get the salary for that. Please guide me what I have to do in this situation. Should I leave Sears (this job require lots of physical work, simply labour) and join new job or stick with my old job. Wassalam.

Fatwa

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Publication Date

2007-05-27

Main Subjects

Economics & Business Administration
Islamic Studies

No. of Pages

2

Data Type

Fatawa

Language

English

Record ID

BIM-785417

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