Consulting for a Bank
By Mufti Taqi Usmani
Posted: 15 Muharram 1422, 9 April 2001
|Q.) Is it permissible to work on Technology Projects in a Bank or
Financial company on short term basis. e.g. developing a computer application or
maintaining a computer etc?
A.) If the technology projects designed for a bank or a financial
institution are exclusively used for transactions involving Riba (interest), it is not
permissible to work on such technology projects. However, if the projects are of general
nature which may be used for both permissible and impermissible purposes the work on such
projects cannot be termed as totally Haram. Nevertheless, it is adviseable to refrain from
it as far as possible to eschew from doubtful income.