islamic banks

Q: Please may I enquire on whether it is permissible to finance one's vehicle by means of Islamic banking offered by FNB?

Q: I was a Bank Manager in a Conventional Bank. I left the Bank after Allah Ta'ala blessed me with His guidance. Immediately after I left my Bank job, I got an offer from a person which was very good, almost too good to be true. I joined this person but as the days passed, all my savings from my previous Job were taken from me and I was left with nothing. Thereafter I remained jobless for almost 7 months after which I received an offer from a former acquaintance and I accepted. That job related to IT software very new to me but I managed to learn and work. After 4 years, the business turned bad and the company was dissolved. Now, I'm jobless again. Many people want me to join an Islamic Bank but I'm not sure if it is Islamic at all. I'm afraid that if I join the same sector, Islamic or otherwise, all the hardship I went through to get away from "Riba" would be useless. Please guide me about an Islamic Bank. Should I join?

Q: Is it permissible to work in an Islamic bank department within a conventional bank?

Q: Is vehicle finance with Wesbank or Albaraka bank permissible?

Q: Is personal loans from Al Ahli bank (NCB) Saudi Arabia Halal? The bank claims it's Islamic.

Q: I have saved a certain amount of money that I want to invest for my retirement. I do not want to invest it in a conventional bank because I know that interest is haraam. Which Islamic bank can you recommend for me to invest in?

Q: I want to know whether Al hilal bank based at UAE is a purely Islamic and shariah compliance oriented bank. As by name many banks say or put the word Islamic with their bank; which really doesn't make them Islamic. Please clarify.