Transactions & Dealings >> Interest & Insurance

Question ID: 6107Country: India

Title: I wanted to know that is doing a job in banking and financial sector is prohibited in islam? While there are lots of opportunities for muslim youths.

Question: I wanted to know that is doing a job in banking and financial sector is prohibited in islam? While there are lots of opportunities for muslim youths.

Answer ID: 6107Posted on: Aug 30, 2020

Bismillah hir-Rahman nir-Rahim !

(Fatwa: 535/535=M/1429)

Doing a job in bank or financial sector where one has to write, read and calculate interest is Haram (unlawful) according to Shariah. Muslims should not do such jobs.

And, if the job does not involve any kind of interest then clarify the situation and submit the question again.

Allah (Subhana Wa Ta'ala) knows Best

Darul Ifta,

Darul Uloom Deoband, India

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Title: I wanted to know that is doing a job in banking and financial sector is prohibited in islam? While there are lots of opportunities for muslim youths.

Question: I wanted to know that is doing a job in banking and financial sector is prohibited in islam? While there are lots of opportunities for muslim youths.

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