AskImamDarul Iftaa Mahmudiyyah (AskImam)

Is it permissible for a muslim to work as a loan officer in a bank which is owned by non-muslims,the bank give loans which is payed back with certain interest.

Fatwa 7145English
Finance and Commerce

Question

The question text was not published separately; the title stands in for it.

Is it permissible for a muslim to work as a loan officer in a bank which is owned by non-muslims,the bank give loans which is payed back with certain interest.

Answer

Such employment in banks of this nature is prohibited.

and Allah Ta'ala Knows Best

Mufti Muhammad Kadwa
FATWA DEPT.

Answered by
Mufti Muhammad Kadwa
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