Question & Answer

Working in BANK


Answer



بسم الله الرحمن الرحيم

We begin with Allah’s blessed name, we praise him and we glorify him, seek his forgiveness and ask him to guide us. Whoever Allah guides, None can lead astray and whoever he misguides, None can guide. There is no power and no strength except from Allah, The most high, the Most great, the most powerful. We bear witness that there is no one worthy of worship but Allah Alone, and we bear witness that Prophet Muhammad (pbuh) is His slave-servant and the seal of His Messengers. We pray for peace and blessings on all the noble messengers and in particular on the last of them all “the blessed prophet Mohammad (pbuh)”

Allah says in the Quran: But those who devour 'riba' become like the one whom Shaitaan has bewitched and maddened by his touch. They have been condemned to this condition because they say, "Trade is just like 'riba", whereas Allah has made trade halaal and 'riba' haraam. Henceforth, if one abstains from taking 'riba' after receiving this admonition from his Lord, no legal action shall be taken against him regarding the 'riba' he had devoured before: his case shall ultimately go to Allah. But if one repeats the same crime even after this, he shall go to Hell, where he shall abide for ever! Allah deprives 'riba' of all blessing but will give increase for deeds of charity, and Allah does not like an ungrateful, sinful person. QURAN [2:274-276]

From the above guidance of Allah, it is clear that a trade is not haram until & unless it does not deal with riba (or any thing prohibited by Allah & his messenger (pbuh)), & it is riba that is declared haram by Allah and his messenger (pbuh). You can analyze the severity of the sin & the anger of Allah against those who deal with riba in the below verse of quran.

Allah says in the Quran: O Believers!, fear Allah and give up that 'riba' which is still due to you, if you are true believers. But if you do not do so, then you are warned of the declaration of war against you by Allah and His Messenger! QURAN [2:278]

When Allah and His Messenger (saws) have declared something forbidden, then to derive any income from such an establishment would also be forbidden.

Narrated by Ali ibn AbuTalib Ali heard Allah's Messenger (saws) invoke the curse of Allah on those who took usury, those who paid it, those who recorded it, and those who refused to give sadaqah. Al-Tirmidhi [2829]

Regarding the working in the BANKS, it is forbidden for a believer to work in the banks as they are the organizations that deal with riba, Thus, if one is seeking employment, he should fear Allah, abstain from seeking work in a conventional bank whose primary business is in the dealing of interest.

However if any believer is already working in such organizations then it would be prudent for him to seek repentance of Allah, and search immediately for another job as per his talent; and when he finds an appropriate job, resign from the present interest-based bank job. And if one does this move purely for the sake of Allah, it is expected that the Bounteous of Lord will enrich him from His Infinite resources and give him a huge reward for his efforts to obey the commands of Allah and His Messenger (pbuh) And Allah alone knows the best.

I ask Allah to make this a sincere effort, seeking his pleasure, and I ask him to grant us refuge in him from the evils within ourselves, and that in our deeds. I ask him to grant us success in achieving whatever pleases him; And May Allah Shower His blessings and mercy upon our beloved Prophet Muhammad (pbuh), his family and his Companions and on all those who follow him until the final hour.

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