Working in BANK

Is it allowed for a Muslim to work in a bank ?

Answer

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. LIKE US ON FACEBOOK

RIBA (interest)

Answer

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]

So Allah warns & declares war against those who deal with riba in any way, in what ever conditions. So you can yourself understand, if you are dealing with riba, you are in a war with Allah. You are in a war which you can never win. And Allah deprives ‘riba’ of all blessing.

Allah says in the Quran: That they took ‘riba’, although they were forbidden. And that they devoured men’s substance wrongfully. We have prepared for those among them who reject faith a grievous punishment (of Hell Fire)! QURAN[4:161]

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]

Henceforth, if one abstains from taking ‘riba’ after receiving this guidence from allah, 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! So if one really believes in Allah & his messenger, should always abstain from, taking riba, giving riba, recording riba, attaching himself to business dealing with riba, in order to prosper in this world & in hereafter. And Allah alone knows the best. LIKE US ON FACEBOOK