Search In Fatwa

Is it halal to work for a company that creates halal IT products but some of its stakes are owned by an interest-based bank?


I recently applied for job in company that creates payment systems like online payment and payment devices ( like in supermarket and restaurants) and apple pay integration (mostly all halal IT work), but the company that i will be working for, majority of the stakes are owned by a riba bank. So the company i will be working on doesn't do anything riba related but the stakes are owned by riba bank and other individual. So is it halal for me to work in such companyjQuery111008350253517991466_1709616290807


All perfect praise be to Allah, The Lord of the Worlds. I testify that there is none worthy of worship except Allah, and that Muhammad  sallallaahu  `alayhi  wa  sallam ( may  Allaah exalt his mention ) is His slave and Messenger.

You mentioned in the question that the company for which you will work does not engage in Riba (usury) in its transactions, so there is nothing wrong with working for it. Even if some of its shares are owned by a usurious bank, this does not prevent you from working for it, as long as its business activity is lawful.

Allah knows best.

Related Fatwa