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Ruling on working in a bank which acts as an intermediary between customers and companies which give loans with interest

22-08-2023

Question 430984

He got an employment offer from an online bank that helps freelancers, small scale businesses have a bank account. They do not give any loans as such but do partner with other lending companies if their users want loans. But they themselves do not deal in Loans with interest. Is it permissible to work as a Manager in such kind of a company?

Answer

Praise be to Allah.

If the bank helps anyone who wants to take out a loan from companies which lend with interest, then working in the bank is haram, because it is helping with something that is haram. Allah, may He be exalted, says:

{And cooperate in righteousness and piety, but do not cooperate in sin and transgression. And fear Allah; indeed, Allah is severe in penalty} [Al-Ma’idah 5:2].

Muslim (1598) narrated that Jabir ibn ‘Abdillah (may Allah be pleased with him) said: The Messenger of Allah (blessings and peace of Allah be upon him) cursed the one who consumes riba and the one who pays it, the one who writes it down and the two who witness it, and he said: they are all the same.

Al-Qadi ‘Iyad said: The scribe and the witness are included here, because they help in this sin and participate in it."(Ikmal al-Mu‘allim  5/283).

An-Nawawi (may Allah have mercy on him) said: This clearly indicates that it is haram to write down the contact between the two who deal in riba, and to act as a witness to that transaction. It also indicates that it is haram to help in falsehood. End quote from Sharh Muslim (11/26).

Whoever gives up something for the sake of Allah, Allah will compensate him with something better than that.

And Allah knows best.

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