Does working in banks involve usury, or is usury limited to a specific part of banking, and how can one distinguish between usurious and non-usurious banks, and what is the ruling on working in Bank AlJazira in Saudi Arabia?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
It is not permissible to work in a usurious bank in any form whatsoever, because it constitutes cooperation in sin and aggression. A usurious bank is one that deals with usury in lending, borrowing, and investing. An example of this is when the bank commits to a known percentage of the capital for the investor or the deposit holder, such as 10%, for this is the very essence of usury.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/40760
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- Ftawy
- Original fatwa ID
- 40760
- Added here
- . This is when the answer was added to El Fatwa, not the fatwa's date.
- Text
- Summary from Ftawy's records, reviewed by El Fatwa's sharia committee.
- Read the full ruling
- Read the full answer on Ftawy