bank

Working for a bank

Q: I want to ask that can I do a job in the Bank? My Salary is not increment based but it is a fixed salary which will be only incremented after a year. My job title is Customer Care Representative. (I am only dealing with account opening and guiding the people to fill the forms) Please tell me that whether with the Islamic Point of View is it Halal or Haram? My bank Name is NIB bank which will soon be merged with Muslim Commercial Bank.

Developing software for a bank

Q: I am a software developer. My company gave me a task that I have to make an application where I will check that a person is eligible for bank loan or not. In the whole developing process, there is no any entry of interest. My task is only to check that is person eligible for the loan or not? As we know, bank loan process is interest based that is why I am asking this question. But the application that I will make only tells if that person is eligible or not.

Sood se bachna

Q: Main apne saaley (brother in-law) ke sath mil kar bank se car niklwa kar karobar karna chahata hoon. Aap ye bataen mera bank se car niklwa kar saaley (brother in low) ke saath karobar Karna sahi hain ya nahin apki bari nawazish hogi?

Working for a bank

Q: In a banking institution the only income they do earn is through Riba. There is no other income generation process involved in a Bank's system. And it means, a bank is paying salaries and profits to all of its employees and partners through the generated income which is nothing but Riba. In that scenario, how can it be legal for an employee to receive such an income which he knows that is paid to him through Riba, and at the same time he knows that he is a part of the machinery where business is nothing but to generate Riba income. In my opinion it becomes totally invalid for a muslim to be associated with a banking institution. Am I right?

Investing in a bank

Q:

1. My question is, is investing in a commercial bank shares allowed? Halaal or haraam?

2. If someone gets dividends from investment on Banks share, can he/she make Sadqaa of this amount or can spend any charity work?

3. If someone thinks before investment in bank shares if he gets profit or dividend he/she will spend all the money for Sadqaa or any charity work. Is this situation is allowable / legal Islamic point of view?