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6,93002/11/2007

He is asking about Bank al-Jazeerah

Question: 81199

Is Bank al-Jazeerah in the Kingdom of Saudi Arabia riba-based or Islamic?.

Praise be to Allah, and peace and blessings be upon the Messenger of Allah and his family.

Dr. Muhammad ibn Sa’ood al-‘Usaymi (may Allaah preserve him)
was asked: What is the ruling on working in Bank al-Jazeerah? If I find
another job, should I give up my job in Bank al-Jazeerah? 

He replied: The basic principle is that it is permissible to
work in Bank al-Jazeerah, because they seem to be striving to Islamize all
their operations. But, by way of advice, I think that you should stipulate
conditions for yourself that you will work in accordance with the decisions
of the shar’i committee, and if you are forced to do some tasks that are not
in accordance with their decisions, do not give up work immediately, rather
inform the shar’i committee first, and seek their guidance. We and others
are impatiently waiting for the Islamization of this bank to be completed.
May Allaah help those in charge of it to do all that is good. And Allaah
knows best. End quote. 


http://www.halal2.com/ftawaDetail.asp?id=335

And Allaah knows best.

Source

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