What is the Islamic ruling on the banking transactions undertaken by a financial director, or any staff member from the financial department of the company regardless of his job title. You should take into consideration that the key activity of that company isn`t in the banking domain, and some people keep trying to finance their assets and businesses through usurious loans instead of dealing with Islamic banks because the terms stipulated by non-Islamic banks are better. This causes the owners of the company to turn to usurious banks directly, and so the financial director of the company couldn`t convince them to turn to Islamic banks. The problem of the financial director lies in the fact that he is the financial representative of the company and is obliged to explain any event that has a financial impact on the company`s data such as recording the various banking transactions. I will brief you on the banking transactions encountered by the financial director as a part of his job assignments: 1-Negotiating the interest rates of loans(In the company where I work the central administration has a specific section for this purpose, and it may, sometimes, take part in these negotiations. 2-Signing these loans after reaching an agreement with the bank in question. 3-Deducting documentary letters of credit at the banks(The bank pays the value of the future documentary letters in cash for a commission). 4-Recording the bank`s interests. 5-Transfering the salaries of staff members to banks on monthly basis. 6-Signing forms that facilitate receiving loans by staff members based on their will as the financial director has no authority to ban any of them from obtaining a usurious loan. 7-Signing documents pertaining to the collection of the company`s funds through the bank in return for a commission(collect policy, collect cheque). 8-Signing documents pertaining to paying the value of the company`s purchases to their suppliers, be they transfers, or credits.