Salary Earned from a Bank That Deals With Interest
  • Question:

    As banks are related with interest, is the salary earned by working in a bank haram?

    Assalamu Alaikum wa rahmatullahi wa Barakatuh

    Thank you for your question.

    May Allāh bless you for your concern regarding permissible work in Islam.

    In regards to one’s salary earned in a bank and it’s status in Islam, kindly note that if one’s work in a bank involves dealing, transacting or even promoting interest and or ribā based transactions, or any such islamically impermissible trade, then it would be impermissible, otherwise not.

    “Allāh has permitted trade and has forbidden usury. Allāh will deprive usury of all blessing, and will give increase for deeds of charity.” (Qur’ān 2:275)

    “The Messenger of Allāh (peace and blessings upon him) cursed the one who consumes ribā 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.” (Ṣaḥīḥ Muslim)

    And Allah knows best.

    Answered by Shaykh Yusuf Badat
    Hadith of the Day Imam
    Imam of the Islamic Foundation of Toronto and Director of Mathabah Institute
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