How can one differentiate between usurious and non-usurious banks? Is the description "Islamic" sufficient for that? What is the ruling on working in the Islamic branches of usurious banks, or in insurance, brokerage, and currency exchange companies? What are the regulations for working in governmental bodies with financial affiliations?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
There is no objection to working in financial institutions whose operations are predominantly permissible (halal), and any impermissible (haram) activity, if present, must be avoided. However, it is not permissible to work in institutions whose operations are predominantly impermissible.
Summarized from the full answer at Ftawy · imported
Read the full answer on Ftawyhttps://ftawy.com/en/questions/109638
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- Ftawy
- Original fatwa ID
- 109638
- Imported
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- Source text, unreviewed
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