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Working in a Conventional Bank

Answered as per Hanafi Fiqh by Askmufti.co.za

Q: My friend and myself need some clarifications regarding working in commercial banks, insurance companies, governmental institutions in Mauritius (non-islamic state). We come across different opinions from various people.We have hence decided to seek the opinion of a Shaykh. We are both have degrees.  

A: Employment at a bank and such institutions should be avoided because of the interest factor at banks. If one is already working in a bank, then while still working there, alternate employment should be sought. As soon as another job becomes available, move on to the new job.

Moulana Yusuf Laher


This answer was collected from AskMufti.co.za, which is operated under the supervision of Mufti Siraj Desai of Darul-Uloom Abubakr, South Africa.

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