Dr. Monzer Kahf, a prominent economist and counselor states: No matter what one does in these types of companies, one remains tainted with interest. We must remember that The Prophet, pbuh, warned us of this kind of situation in his Saying that there will be a time when even those who avoid Riba they will be touched by its dust. I suggest that a finance manager should observe two basic principles in this regard. One, he must avoid signing or authorizing any interest-based contract because that is covered by the expel from the Mercy of God (the La`nah) that is mentioned in an authentic Saying. Second, he should apply the majority rule. If most of what he does relates directly to interest his job becomes non-permissible but if the majority of his time is used for permissible transactions his job becomes permissible.”
Working for a Company Providing Mortgages
Did you like this content?
Recommended
Defending Jerusalem: A Sacred Duty for Muslims Worldwide
The Tragedy of Al-Aqsa Mosque: Its Significance and Muslims’ Duty to Protect It
How to Perform Prayer of Thankfulness
Prohibition of Making Love during Menses: Why?
Rights & Duties of the Wife and the Husband
Istikhara Prayer: Rules & Signs of Response
Advice to Overcome Porn Addiction
Spiritual Diseases: Remedy
Lying between spouses
How to Introduce Islam to Non-Muslims
Top Reading