Is it haram to work in banks?
Due to the current economic crisis, many people have lost their jobs. This has led to a rise in the number of people who are looking for work. It’s a question that has been asked by Muslims for centuries: Is it haram to work in banks? In this article, we will explore the Islamic guidance on this topic.
The Quran teaches that usury is forbidden: “O you who have believed, do not consume usury, doubled and multiplied, but fear Allah that you may be successful” (Quran 3:130).
The Prophet Muhammad (peace be upon him) also forbade usury, saying: “There is no usury, but only when it is doubled and multiplied. So whoever has done that has acted unjustly” (Sahih Muslim 1599).
It is forbidden to write a usurious account in the bank. In the Holy Hadith, a curse has been placed on those who write usurious accounts, those who feed usury, and those who witness usury. If there is any other work besides these, there is scope for his job, but a Muslim man should be careful as much as possible because most of the business in the bank is transactional with interest.
The bottom line is that it is haram to work in a bank if your job involves writing usurious contracts or working with interest-based transactions. However, if your job does not involve such activities, then you may work in a bank. You should always consult with a qualified Islamic scholar to be sure.
in conclusion, Is it haram to work in banks? This is a difficult question to answer because it depends on the circumstances. If your job involves working with interest, then it is haram. However, if your job does not involve such activities, then you may work in a bank. You should always consult with a qualified Islamic scholar to be sure.