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Working for an Islamic Bank

Answered as per Hanafi Fiqh by Muftionline.co.za

Q: I was a Bank Manager in a Conventional Bank. I left the Bank after Allah Ta’ala blessed me with His guidance. Immediately after I left my Bank job, I got an offer from a person which was very good, almost too good to be true. I joined this person but as the days passed, all my savings from my previous Job were taken from me and I was left with nothing. Thereafter I remained jobless for almost 7 months after which I received an offer from a former acquaintance and I accepted. That job related to IT software very new to me but I managed to learn and work. After 4 years, the business turned bad and the company was dissolved. Now, I’m jobless again. Many people want me to join an Islamic Bank but I’m not sure if it is Islamic at all. I’m afraid that if I join the same sector, Islamic or otherwise, all the hardship I went through to get away from “Riba” would be useless. Please guide me about an Islamic Bank. Should I join?

Bismillaah

A: Don’t join a venture that you are doubtful of.

And Allah Ta’ala (الله تعالى) knows best.

Answered by:

Mufti Ebrahim Salejee (Isipingo Beach)

This answer was collected from MuftiOnline.co.za, where the questions have been answered by Mufti Zakaria Makada (Hafizahullah), who is currently a senior lecturer in the science of Hadith and Fiqh at Madrasah Ta’leemuddeen, Isipingo Beach, South Africa.

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