United Bank Job and Ruling on Interest-Free Partnership Banking
Taken from: Aḥkām wa Masāʾil – Masāʾil al-Buyūʿ, vol.1, p.389
❖ The Question
I am working as a manager in United Bank. Is my job Sharʿi-wise permissible, considering that I am responsible for supporting my family?
Also, is today’s so-called interest-free partnership banking (sharīkati accounts) permissible in Islam?
❖ The Answer
Al-ḥamdu lillāh, waṣ-ṣalātu wa-s-salāmu ʿalā Rasūlillāh, ammā baʿd:
1. Working in United Bank
- Your current job in United Bank is completely impermissible and ḥarām according to Sharīʿah.
- You must leave this employment at the earliest opportunity and seek a ḥalāl means of livelihood.
- Place your trust in Allah ﷻ, for indeed He helps those who abandon ḥarām solely for His pleasure.
2. Interest-Free Partnership Banking
- If you have a specific model or detailed system of so-called “interest-free partnership accounts,” then present it for review.
- With Allah’s help, its Sharʿi ruling will be clarified in the light of Qur’an and Sunnah.
Conclusion:- Employment in an interest-based bank such as United Bank is ḥarām.
- Regarding modern interest-free partnership banking, a clear structure must be examined before issuing a verdict.
ھذا ما عندي والله أعلم بالصواب
