Home » Hanafi Fiqh » Muftionline.co.za » Permissible Banking: Jobs and Loans.

Permissible Banking: Jobs and Loans.

Answered as per Hanafi Fiqh by Muftionline.co.za

Q:

1. Is it permissible for a person to do a job in a bank when he can not get any other job?

2. Is it permissible for a person to take a loan from a bank (for home) or to start his own bussiness?

Bismillaah

A:

1. If the job is of a permissible nature e.g. sweeping, making tea, it will be permissible, however being part of an interest-based operation is detestable. 

2. Since the loan the bank provides is an interest bearing loan, it will be haraam.

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

Answered by:

Mufti Zakaria Makada

Checked & Approved:

Mufti Ebrahim Salejee (Isipingo Beach)


Original Source Link

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.

Read answers with similar topics:

Random Q&A

Is Talaq valid without witness, and must I observe iddat if I’m a working woman?

…

Is eid prayer allowed at the masjid?

…

Muslims in Toronto are facing a new challenge these days regarding jumuah salat timings. A few of the masjids here have started jumuah congregation before zuhr timings, as we are observing Daylight Saving Timing these days. Let me write you detail of timings: Today is September 08, 2008 Sunrise : 06:49 AM Sunset: 07:41 PM Zuhr salat time starts: 01:18 PM The masjids that are observing early jumuah prayer are conducting it at 12:30 PM. When some people went to one of the three local scholars who allowed early salat for an explanation of this act, he told that we don’t find any specific timing mentioned for jumuah prayer so we can do this as it is lunch time and in this way more people can easily attend jumuah congregation. Secondly, he told that the early timings of jumuah was also observed by the sahabah, so we can also do it as well. Please reply in detail and mention any early jumuah congregation from Quran, Hadith or Sahabah.

…

Difficulty in finding a wife

…

Chicken Pox and Ritual Bath.

…

Carrying out one’s own aqeeqah

…