The Accountant in a Foreign Bank
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Questions one, two, three, and four from Fatwa number ( 1080 )
Q1: Does it apply tothe accountant at a foreign bankthe hadith:Jami` at-Tirmidhi 1206Hasan (Darussalam) ؟
A1: Foreign banks deal in riba (usury or interest) with those they lend to, with those who deposit money in them, and with others. It is necessary for one who works as an accountant in such a bank to handle the accounting of riba transactions, recording in the ledgers what is owed by and to each party of the transaction, thereby determining who is the debtor and who is the creditor. Accordingly, the aforementioned hadith applies to the accountant in foreign banks and similar financial institutions.
Q1: Does it apply tothe accountant at a foreign bankthe hadith:
The Messenger of Allah (ﷺ) cursed the one who consumed Riba, and the one who charged it, those who witnessed it, and the one who recorded it.
لعن الله آكل الربا وموكله وشاهديه وكاتبهA1: Foreign banks deal in riba (usury or interest) with those they lend to, with those who deposit money in them, and with others. It is necessary for one who works as an accountant in such a bank to handle the accounting of riba transactions, recording in the ledgers what is owed by and to each party of the transaction, thereby determining who is the debtor and who is the creditor. Accordingly, the aforementioned hadith applies to the accountant in foreign banks and similar financial institutions.
Source
www.alifta.gov.sa
The Arabic text is copied verbatim from the original source, without any edits.