{"id":28212,"date":"2023-07-15T00:21:06","date_gmt":"2023-07-15T00:21:06","guid":{"rendered":"http:\/\/daruliftabirmingham.co.uk\/home\/?p=28212"},"modified":"2023-07-15T00:21:06","modified_gmt":"2023-07-15T00:21:06","slug":"is-it-permissible-to-work-as-an-it-officer-or-software-engineer-in-a-riba-based-bank","status":"publish","type":"post","link":"https:\/\/daruliftabirmingham.co.uk\/home\/is-it-permissible-to-work-as-an-it-officer-or-software-engineer-in-a-riba-based-bank\/","title":{"rendered":"Is It Permissible To Work as an IT Officer or Software Engineer in a Riba-Based Bank?"},"content":{"rendered":"<p style=\"text-align: right;\"><span style=\"font-family: verdana, geneva, sans-serif; font-size: 12pt;\"><strong>Fatwa ID: 06686<\/strong><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family: verdana, geneva, sans-serif; font-size: 12pt;\"><strong>Answered by: Maulana Mohammed Dilwar Hussain<\/strong><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family: verdana, geneva, sans-serif; font-size: 12pt;\"><strong><u>Question:<\/u><\/strong><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family: verdana, geneva, sans-serif; font-size: 12pt;\">Is it permissible to work as an IT officer or Software Engineer in a riba-based bank?<\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: center;\"><span style=\"font-family: verdana, geneva, sans-serif; font-size: 12pt;\"><u><strong>In the name of Allah, the Most Gracious, the Most Merciful<\/strong><\/u><\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family: verdana, geneva, sans-serif; font-size: 12pt;\"><u><strong>Answer:<\/strong><\/u><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family: verdana, geneva, sans-serif; font-size: 12pt;\">The fact that you are concerned about where your earnings are accrued from is praiseworthy. It makes evident your consciousness of <em>All\u0101h Ta\u2019\u0101l\u0101 <\/em>and your desire to obey Him. The Prophet \ufdfa said that earning a halal income is an obligation beyond other obligations. [<em>Shu\u2019bul Iman lil Bayhaqi: Hadith 8367<\/em>] [1]<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family: verdana, geneva, sans-serif; font-size: 12pt;\"><em>All\u0101h Ta\u2019\u0101l\u0101 <\/em>also commands {do not aid in sin.} [<em>Sur\u0101h M\u0101\u2019idah, 5:2<\/em>] [2]<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family: verdana, geneva, sans-serif; font-size: 12pt;\">Furthermore, the Prophet \ufdfa has said \u201cA time will come when one will not care how one gains one&#8217;s money, legally or illegally.&#8221; [<em>Sahih Bukhari: Hadith<\/em> <em>2059<\/em>] [3]<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family: verdana, geneva, sans-serif; font-size: 12pt;\">\u201cWhosoever fears <em>All\u0101h<\/em> (by abstaining from sins and fulfilling his obligations) <em>All\u0101h<\/em> will open up ways for him out of every difficulty. <em>All\u0101h<\/em> will provide sustenance for him from such avenues which he least perceives. Whoever places his trust in <em>All\u0101h<\/em>, <em>All\u0101h<\/em> will suffice him. Indeed, <em>All\u0101h<\/em> will accomplish His purpose. <em>All\u0101h<\/em> has already set a measure for all things.\u201d\u00a0[<em>Surah at-Talaq<\/em>; <em>65:2-3<\/em>] [4]<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family: verdana, geneva, sans-serif; font-size: 12pt;\">The Prophet \ufdfa said that \u201cDo not delay (in earning) sustenance, for the servant will not die until his last provisions reach him. (So) take what is <em>Hal<\/em><em>\u0101l <\/em>and leave what is <em>Har\u0101m<\/em>.\u201d [<em>Sahih Ibn Hibb\u0101n<\/em>: <em>Hadith<\/em> <em>3239<\/em>] [5]<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family: verdana, geneva, sans-serif; font-size: 12pt;\">These are reminders for us that our earnings have already been fixed by <em>All\u0101h Ta\u2019\u0101l\u0101<\/em>. Now, whether we choose to receive these earnings through <em>Halal<\/em> means or <em>Haraam<\/em> is up to us. One way or another, whatever has been destined for us will reach us.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family: verdana, geneva, sans-serif; font-size: 12pt;\">Nonetheless, it is upon us to go out and actively seek a <em>Halal<\/em> means of earning and then we place our trust in <em>All\u0101h Ta\u2019\u0101l\u0101<\/em> to grant it to us. This has always been the method of <em>All\u0101h Ta\u2019\u0101l\u0101,<\/em> that is, we first have to make an effort and then <em>All\u0101h&#8217;s<\/em> aid will reach us.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family: verdana, geneva, sans-serif; font-size: 12pt;\">With banks, the greatest concern is in regard to usury\/interest. <em>All\u0101h Ta\u2019\u0101l\u0101 <\/em>has admonished us greatly in this regard;<\/span><\/p>\n<p><span style=\"font-family: verdana, geneva, sans-serif; font-size: 12pt;\">{Those who consume <em>riba<\/em> (usury\/interest) cannot stand (on the Day of Resurrection) except as one stand who is being beaten by Satan into insanity. That is because they say, &#8220;Trade is (just) like interest.&#8221; But <em>All\u0101h <\/em>has permitted trade and has forbidden interest. So whoever has received an admonition from his Lord and desists may have what is past, and his affair rests with <em>All\u0101h<\/em>. But whoever returns to (dealing in interest or usury) &#8211; those are the companions of the Fire. They will abide therein eternally. <em>All\u0101h <\/em>destroys <em>rib\u0101<\/em> and nourishes charities, and <em>All\u0101h <\/em>does not like any sinful disbeliever.} [<em>Surah Al-Baqarah<\/em>; 2:275-276] [6]<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family: verdana, geneva, sans-serif; font-size: 12pt;\"><em>All\u0101h\u2019s <\/em>Messenger \ufdfa cursed the accepter of interest and its payer, and one who records it, and the two witnesses, and he said: They are all equal. [<em>Sahih Al-Muslim; Hadith 1598<\/em>] [7]<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family: verdana, geneva, sans-serif; font-size: 12pt;\">The Messenger of <em>All\u0101h <\/em>\ufdfa cursed the one who accepted usury, the one who paid it, the witness to it, and the one who recorded it. [<em>Sunan Abi Dawood; Hadith 3333<\/em>] [8]<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family: verdana, geneva, sans-serif; font-size: 12pt;\">A person\u2019s work can primarily be broken down into two parts; the actual work that they do and the company\u2019s source of revenue which is used to pay their wages\/salaries. Thus, if a person was to work as a cashier, manager, clerk, etc. where they would be directly involved in the interest\/usury which banks are involved in, whether witnessing it, drawing up the contracts, collecting interest payments and etc. These things would make one\u2019s actual work <em>Har\u0101m.<\/em><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family: verdana, geneva, sans-serif; font-size: 12pt;\">However, in your specific situation, it seems that you will not be implicit in any <em>har\u0101m <\/em>based activities so your job role would be permissible to accept. In your case, consideration would need to be made in regard to where the bank attains its profits which they use to pay your salary.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family: verdana, geneva, sans-serif; font-size: 12pt;\"><em>Banks take in\u00a0<\/em><a href=\"https:\/\/www.investopedia.com\/terms\/d\/deposit.asp\"><em>deposits<\/em><\/a><em>\u00a0from consumers and businesses\u00a0and pay interest on some of the\u00a0accounts. In turn, banks take the deposits and either invest those funds in\u00a0<\/em><a href=\"https:\/\/www.investopedia.com\/terms\/s\/security.asp\"><em>securities<\/em><\/a><em> or\u00a0lend them to companies\u00a0and\u00a0<\/em><a href=\"https:\/\/www.investopedia.com\/articles\/personal-finance\/111815\/6-biggest-banks-offering-personal-loans.asp\"><em>to consumers<\/em><\/a><em>. Since banks\u00a0receive interest on their loans, their profits are derived from the spread between the rate they pay for the deposits\u00a0and the rate they earn or receive from borrowers. Banks also earn interest income from investing their cash\u00a0in short-term securities like U.S.\u00a0Treasuries.<\/em><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family: verdana, geneva, sans-serif; font-size: 12pt;\"><em>However, banks also earn revenue from fee income that they charge for their products and\u00a0services that include\u00a0wealth management advice, checking account fees, overdraft fees, ATM fees,\u00a0interest and fees on credit cards.\u00a0\u00a0<\/em><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family: verdana, geneva, sans-serif; font-size: 12pt;\"><em>The primary business of a bank is managing the spread between deposits that it pays consumers and the rate it receives from their loans. In other words,\u00a0when the interest that a bank earns from loans is greater than the interest it\u00a0pays on deposits, it generates income from the\u00a0<\/em><a href=\"https:\/\/www.investopedia.com\/terms\/n\/net-interest-rate-spread.asp\"><em>interest rate spread<\/em><\/a><em>.\u00a0<\/em>[9]<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family: verdana, geneva, sans-serif; font-size: 12pt;\">Even though banks have multiple sources of income, the primary source is interest. Thus, based on the above information, <strong>it would not be permissible for a person to hold any position in a commercial bank. <\/strong>The ruling for investment banks would be different.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family: verdana, geneva, sans-serif; font-size: 12pt;\">Only <em>All\u0101h <\/em>knows best.<\/span><\/p>\n<p><span style=\"font-family: verdana, geneva, sans-serif; font-size: 12pt;\">Written by Maulana Mohammed Dilwar Hussain<\/span><\/p>\n<p><span style=\"font-family: verdana, geneva, sans-serif; font-size: 12pt;\">Checked and approved by Mufti Mohammed Tosir Miah<\/span><\/p>\n<p><span style=\"font-family: verdana, geneva, sans-serif; font-size: 12pt;\">Darul Ifta Birmingham<\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family: verdana, geneva, sans-serif; font-size: 12pt;\">[1]\u0637\u064e\u0644\u064e\u0628\u064f \u0643\u064e\u0633\u0652\u0628\u0650 \u0627\u0644\u0652\u062d\u064e\u0644\u064e\u0627\u0644\u0650 \u0641\u064e\u0631\u0650\u064a\u0636\u064e\u0629\u064c \u0628\u064e\u0639\u0652\u062f\u064e \u0627\u0644\u0652\u0641\u064e\u0631\u0650\u064a\u0636\u064e\u0629\u0650<\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family: verdana, geneva, sans-serif; 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font-size: 12pt;\">[4]\u0648\u064e\u0645\u064e\u0646 \u06cc\u064e\u062a\u0651\u064e\u0642\u0650 \u0671\u0644\u0644\u0651\u064e\u0647\u064e \u06cc\u064e\u062c\u06e1\u0639\u064e\u0644 \u0644\u0651\u064e\u0647\u064f\u06e5 \u0645\u064e\u062e\u06e1\u0631\u064e\u062c\u08f0\u0627. \u0648\u064e\u06cc\u064e\u0631\u06e1\u0632\u064f\u0642\u06e1\u0647\u064f \u0645\u0650\u0646\u06e1 \u062d\u064e\u06cc\u06e1\u062b\u064f \u0644\u064e\u0627 \u06cc\u064e\u062d\u06e1\u062a\u064e\u0633\u0650\u0628\u064f\u06da \u0648\u064e\u0645\u064e\u0646 \u06cc\u064e\u062a\u064e\u0648\u064e\u0643\u0651\u064e\u0644\u06e1 \u0639\u064e\u0644\u064e\u0649 \u0671\u0644\u0644\u0651\u064e\u0647\u0650 \u0641\u064e\u0647\u064f\u0648\u064e \u062d\u064e\u0633\u06e1\u0628\u064f\u0647\u064f\u06e5\u06e4\u06da \u0625\u0650\u0646\u0651\u064e \u0671\u0644\u0644\u0651\u064e\u0647\u064e \u0628\u064e\u0640\u0670\u0644\u0650\u063a\u064f \u0623\u064e\u0645\u06e1\u0631\u0650\u0647\u0650\u06e6\u06da \u0642\u064e\u062f\u06e1 \u062c\u064e\u0639\u064e\u0644\u064e \u0671\u0644\u0644\u0651\u064e\u0647\u064f \u0644\u0650\u0643\u064f\u0644\u0651\u0650 \u0634\u064e\u06cc\u06e1\u0621\u08f2 \u0642\u064e\u062f\u06e1\u0631\u08f0\u0627{<\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family: verdana, geneva, sans-serif; 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font-size: 12pt;\">[7]\u062d\u064e\u062f\u0651\u064e\u062b\u064e\u0646\u064e\u0627 \u0645\u064f\u062d\u064e\u0645\u0651\u064e\u062f\u064f \u0628\u0652\u0646\u064f \u0627\u0644\u0635\u0651\u064e\u0628\u0651\u064e\u0627\u062d\u0650\u060c \u0648\u064e\u0632\u064f\u0647\u064e\u064a\u0652\u0631\u064f \u0628\u0652\u0646\u064f \u062d\u064e\u0631\u0652\u0628\u064d\u060c \u0648\u064e\u0639\u064f\u062b\u0652\u0645\u064e\u0627\u0646\u064f \u0628\u0652\u0646\u064f \u0623\u064e\u0628\u0650\u064a \u0634\u064e\u064a\u0652\u0628\u064e\u0629\u064e\u060c \u0642\u064e\u0627\u0644\u064f\u0648\u0627 \u062d\u064e\u062f\u0651\u064e\u062b\u064e\u0646\u064e\u0627 \u0647\u064f\u0634\u064e\u064a\u0652\u0645\u064c\u060c \u0623\u064e\u062e\u0652\u0628\u064e\u0631\u064e\u0646\u064e\u0627 \u0623\u064e\u0628\u064f\u0648 \u0627\u0644\u0632\u0651\u064f\u0628\u064e\u064a\u0652\u0631\u0650\u060c \u0639\u064e\u0646\u0652 \u062c\u064e\u0627\u0628\u0650\u0631\u064d\u060c \u0642\u064e\u0627\u0644\u064e \u0644\u064e\u0639\u064e\u0646\u064e \u0631\u064e\u0633\u064f\u0648\u0644\u064f \u0627\u0644\u0644\u0651\u064e\u0647\u0650 \u0635\u0644\u0649 \u0627\u0644\u0644\u0647 \u0639\u0644\u064a\u0647 \u0648\u0633\u0644\u0645 \u0622\u0643\u0650\u0644\u064e \u0627\u0644\u0631\u0651\u0650\u0628\u064e\u0627 \u0648\u064e\u0645\u064f\u0648\u0643\u0650\u0644\u064e\u0647\u064f \u0648\u064e\u0643\u064e\u0627\u062a\u0650\u0628\u064e\u0647\u064f \u0648\u064e\u0634\u064e\u0627\u0647\u0650\u062f\u064e\u064a\u0652\u0647\u0650 \u0648\u064e\u0642\u064e\u0627\u0644\u064e \u0647\u064f\u0645\u0652 \u0633\u064e\u0648\u064e\u0627\u0621\u064c \u200f.\u200f<\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family: verdana, geneva, sans-serif; font-size: 12pt;\">[8]\u062d\u064e\u062f\u0651\u064e\u062b\u064e\u0646\u064e\u0627 \u0623\u064e\u062d\u0652\u0645\u064e\u062f\u064f \u0628\u0652\u0646\u064f \u064a\u064f\u0648\u0646\u064f\u0633\u064e\u060c \u062d\u064e\u062f\u0651\u064e\u062b\u064e\u0646\u064e\u0627 \u0632\u064f\u0647\u064e\u064a\u0652\u0631\u064c\u060c \u062d\u064e\u062f\u0651\u064e\u062b\u064e\u0646\u064e\u0627 \u0633\u0650\u0645\u064e\u0627\u0643\u064c\u060c \u062d\u064e\u062f\u0651\u064e\u062b\u064e\u0646\u0650\u064a \u0639\u064e\u0628\u0652\u062f\u064f \u0627\u0644\u0631\u0651\u064e\u062d\u0652\u0645\u064e\u0646\u0650 \u0628\u0652\u0646\u064f \u0639\u064e\u0628\u0652\u062f\u0650 \u0627\u0644\u0644\u0651\u064e\u0647\u0650 \u0628\u0652\u0646\u0650 \u0645\u064e\u0633\u0652\u0639\u064f\u0648\u062f\u064d\u060c \u0639\u064e\u0646\u0652 \u0623\u064e\u0628\u0650\u064a\u0647\u0650\u060c \u0642\u064e\u0627\u0644\u064e \u0644\u064e\u0639\u064e\u0646\u064e \u0631\u064e\u0633\u064f\u0648\u0644\u064f \u0627\u0644\u0644\u0651\u064e\u0647\u0650 \u0635\u0644\u0649 \u0627\u0644\u0644\u0647 \u0639\u0644\u064a\u0647 \u0648\u0633\u0644\u0645 \u0622\u0643\u0650\u0644\u064e \u0627\u0644\u0631\u0651\u0650\u0628\u064e\u0627 \u0648\u064e\u0645\u064f\u0648\u0643\u0650\u0644\u064e\u0647\u064f \u0648\u064e\u0634\u064e\u0627\u0647\u0650\u062f\u064e\u0647\u064f \u0648\u064e\u0643\u064e\u0627\u062a\u0650\u0628\u064e\u0647\u064f \u200f.\u200f<\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family: verdana, geneva, sans-serif; font-size: 12pt;\">[9] <u><a href=\"https:\/\/www.investopedia.com\/articles\/stocks\/07\/bankfinancials.asp\">https:\/\/www.investopedia.com\/articles\/stocks\/07\/bankfinancials.asp<\/a><\/u><\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fatwa ID: 06686 &nbsp; Answered by: Maulana Mohammed Dilwar Hussain &nbsp; Question: &nbsp; Is it permissible to work as an IT officer or Software Engineer&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[17],"tags":[],"_links":{"self":[{"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/posts\/28212"}],"collection":[{"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/comments?post=28212"}],"version-history":[{"count":2,"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/posts\/28212\/revisions"}],"predecessor-version":[{"id":28224,"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/posts\/28212\/revisions\/28224"}],"wp:attachment":[{"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/media?parent=28212"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/categories?post=28212"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/tags?post=28212"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}