Working in Banking software making company

Question:

Assalaam alaikum,

Is working in a software company which deals with banking softwares haram ?

JazakAllah Khair

Answer:

wa `alaykum salam,

If the software is developed to calculate and charge riba (interest) such that it has no other purpose, in that case it is impermissible. If the software has several functions, and it may be used for the riba-based transactions such would be permissible, but disliked if a person doesn’t know that the bank will use it for a riba-based transaction. It would be impermissible if he knows for certain that the bank will use it for a riba-based transaction. If the software is not meant for the riba-based transaction, then this would be permissible.

Imam Senad Agic, Ph.D.
Head Imam (IABNA)
The Islamic Association of Bosniaks in North America

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