Working in Banks
Mu' meneen Brothers and Sisters,
As Salaam Aleikum wa Rahmatullahi wa Barakatuh. (May Allah's Peace, Mercy and Blessings be upon all of you)
One of our brothers/sisters has asked this question:
DEAR BROTHER BURHAN,
I understand riba is haram, then, what is the ruling for Muslims working in a foreign bank?
(There may be some grammatical and spelling errors in the above statement. The forum does not change anything from questions, comments and statements received from our readers for circulation in confidentiality.)
Working in Banks
In the name of Allah, We praise Him, seek His help and ask for His forgiveness. Whoever Allah guides none can misguide, and whoever He allows to fall astray, none can guide them aright. We bear witness that there is no one (no idol, no person, no grave, no prophet, no imam, no dai, nobody!) worthy of worship but Allah Alone, and we bear witness that Muhammad (saws) is His slave-servant and the seal of His Messengers.
When Allah and His Messenger (saws) have declared something forbidden, then to derive any income from such an establishment would also be forbidden. Thus, if one is seeking employment, he should fear Allah, abstain from seeking work in a conventional bank. But if one is already working in a conventional bank, it would be prudent for him to seek repentance of Allah, and search immediately for another place to employ his talents; and when he finds an appropriate job, resign from the present bank job. And if one does this move purely for the sake of Allah Subhanah, it is expected that the Bounteous Lord will enrich him from His Infinite resources and give him a huge reward for his efforts to obey the commands of Allah and His Messenger (saws).
Whatever written of Truth and benefit is only due to Allah’s Assistance and Guidance, and whatever of error is of me. Allah Alone Knows Best and He is the Only Source of Strength.
Your Brother in Islam,