Home » Hanafi Fiqh » Fatwa.org.au » Can Muslims work in banks, such as asset management and corporate banking. We all know that the banks (non-Islamic) are the centres of interest; so any job in a bank is likely to be haram. Also, the culture in a bank is very materialistic and secular and bank employees are always thinking about making money and surrounding themselves with material things. I feel that working in non-Islamic bank is prohibited for Muslims. Is this view correct?

Can Muslims work in banks, such as asset management and corporate banking. We all know that the banks (non-Islamic) are the centres of interest; so any job in a bank is likely to be haram. Also, the culture in a bank is very materialistic and secular and bank employees are always thinking about making money and surrounding themselves with material things. I feel that working in non-Islamic bank is prohibited for Muslims. Is this view correct?

Answered as per Hanafi Fiqh by Fatwa.org.au
_ Can Muslims work in banks, such as asset management and corporate banking. We all know that the banks (non-Islamic) are the centres of interest; so any job in a bank is likely to be haram. Also, the culture in a bank is very materialistic and secular and bank employees are always thinking about making money and surrounding themselves with material things. I feel that working in non-Islamic bank is prohibited for Muslims. Is this view correct?

Answer:

In the Name of Allah, the Most Gracious, the Most Merciful.

_ It is not permissible for a Muslim to work in a conventional bank. (Fatawa Usmani: 3/396)

And Allah knows best.

Mufti Faizal Riza
9/1/2012

Original Source Link

This answer was collected from Fatwa.org.au, which is connected to Darul Ifta Australia, based in Melbourne, Australia.
It is operated by Mufti Faizal Riza, a student of Mufti Ebrahim Desai from South Africa.

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