MISCELLANEOUS \ Banking and Ribaa (interest/usury) \
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In the Name of Allaah, All Compassionate, All Merciful
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Circumstances compel him to work for a bank which deals with ribaa
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: What is the ruling regarding someone whose circumstances compel him to work in a bank or (any) local money exchanges in the Kingdom (of Saudi Arabia), such as al-Bank al-Ahlee at-Tijaaree, and Bank ar-Riyaadh, and Bank al-Jazeerah, and al-Bank al-'Arabee al-Watanee, and Sharikah ar-Raajhee lis-Saraafah wat-Tijaarah, and Maktab al-Ka'kee lis-Saraafah, and al-Bank as-Sa'oodee al-Amreekee and other than them from the local banks. (Whilst in their employ) they open savings accounts for the employees who work as clerks, such as: the one who writes the transactions, the checker of transactions, the exchange officer and other than them from the adminstration employees. And these banks provide a number of benefits to attract (potential) employees to (work for) them, such as housing allowance which equates to approximately SR12,000 or more, and two months salary at the end of the year, so what is the ruling regardng this?

Response: Working in a bank which deals with ribaa is not permissible, since it has been confirmed from the Prophet (sal-Allaahu `alayhe wa sallam) that he cursed those who ate/benefitted (aakil) from ribaa as well as the one responsible (for the transactions), the one who writes (the transactions) and the witnesses (to the transactions), and he said:

((...they are the same/equal...)), transmitted by Imaam Muslim.

And also, for that which it entails in assisting in sin and transgression , as Allaah (Subhaanahu wa Ta'aala) says:

{Help you one another in al-Birr and at-Taqwa (virtue, righteousness and piety); but do not help one another in sin and transgression, and fear Allaah - verily, Allaah is severe in punishment}, [Soorah al-Maa.idah, Aayah 2].

Shaykh Ibn Baaz
Silsilah Kitaab ad-Da'wah (1), al-Fataawa - Volume 1, Page 141