Is the salary and percentage of profits received from working in a company that deals with commercial banks halal?
If the company's dealings with banks involve depositing with interest, it is unlawful (). If it is without interest, it is permissible when needed. Based on this, it is permissible to work for the company and invest in it if its dealings with banks are limited to depositing without interest. However, if the dealings involve depositing with interest, it is not permissible to work in anything related to usury (riba), nor is it permissible to invest unless the company has a permissible department that does not deal with usury. The salary must be known and fixed, not a percentage of the profit, unless the worker is a Mudarib (investor) with the company's funds.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
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Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 42061
- 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