Ruling on working in al-Rajhi Bank

It is permissible to work
in any Islamic bank whose operations are governed by sharee’ah. Dr Muhammad
ibn Sa’ood al-‘Usaymi (may Allaah preserve him) was asked: What are the
banks in which it is permissible to work? 

He replied: It is
permissible to work in Islamic banks which operate according to the rules
laid out by the sharee’ah committee, such as al-Rajhi Bank and Bank
al-Bilaad. 

It is permissible for the
employee to work in that bank even if he thinks that some of its operations
are not right, if it is permitted by the sharee’ah committee of the bank.  

It is permissible to work
in banks that are moving over to Islamic banking such as al-Jazeerah and
al-Ahli, provided they adhere to the conditions laid out by the sharee’ah
committee of that bank. As for working in a riba-based bank, that is not
permissible even if the work is in a permissible area. And Allaah knows
best. 

He was also asked: I was
offered a job in the al-Rajhi bank in the Information Technology department,
doing technical support and administrative work. Do you think there is any
shar’i problem with working in the al-Rajhi Bank in this position? 

He replied: There is
nothing wrong with that. You have to read the conditions stated by the
sharee’ah committee and make sure that you and those around them adhere to
these conditions. End quote from his site, al-Rabh al-Halaal. 

And Allaah knows best.