Ruling on working in the Saudi Investment Bank
Question I have been offered a job in the Saudi Investment Bank as manager of sales (personal loans), for more than double the salary and benefits of my present job. After asking, it became clear that all the loans are supervised by a sharee’ah council. I hope that you could advise us as to what…
Question
Praise be to Allah.
We do not have any information about the system used in the
bank mentioned. We have come across a question directed to Dr. Muhammad
al-‘Usaymi (may Allah preserve him) about the ruling on working in the Saudi
Bank in Branch Administration, and which banks is it permissible to work in?
He replied: Rather this bank is riba-based, and it has an Islamic service.
It is not permissible for you to work except in that which has a connection
to the Islamic service, with the stipulation that you must adhere to the
statements of the sharee’ah council. May Allah help and guide you. End quote
from the shaykh’s website.
http://www.halal2.com/ftawaDetail.asp?id=408
And Allah knows best.
