Question

Working for companies established with interest loans

227

Question

I live in England. In this country every company is based upon loans. Can I work in a place that is related to interest (Riba)? One company borrows money from bank and they pay interest to the bank. Can I work for this kind of company? Shall I leave this kind of job?

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Accepted Answer

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 is His slave and Messenger.

If you are asking about the permissibility of working in companies that deal in Riba, then we state that this is forbidden unless there is a dire necessity.

Allah Says (what means): {… But if one is forced by necessity without willful disobedience nor transgressing due limits, then there is no sin on him. …} [Quran 2: 173]

But, you have to know that the "Necessity" is valued according to its proper value; for example, if one may face death or an unbearable hardship. Furthermore, it becomes forbidden to work for such companies when the necessity ends.

For more benefit, please refer to Fatwa 81451 and 82340.

Allah Knows best.

Fatwa

Working for companies established with interest loans

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Answer

Related 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?

Ruling on a technician or business owner working with banks, temples, hotels, etc.

Ruling on Profits in Halal Business with Haram Income

Benefitting from income earned from a job that involves selling both permissible and forbidden items, such as pork

Ruling on using former employer's contract template in business

Working in a Company which Markets Machinery with Dual Use in Halal and Haram Activities

Ruling on ill-gotten money due to cheating

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