What is the ruling on working for an insurance company that deals in riba (usury or interest)?
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The questioner : He asks whether the salary of an employee working for an insurance company is forbidden or lawful, given that insurance companies deal in areas of riba (usury or interest).
The Shaykh : This has been discussed before, and we said that it is not permissible for anyone to take a job that requires, or is by its nature, direct involvement in riba (usury or interest), because the Prophet (peace and blessings be upon him)Sunan Ibn Majah 2277Hasan (Darussalam), and he said they are all the same.
The Shaykh : This has been discussed before, and we said that it is not permissible for anyone to take a job that requires, or is by its nature, direct involvement in riba (usury or interest), because the Prophet (peace and blessings be upon him)
the Messenger of Allah (ﷺ) cursed the one who consumes usury, the one who pays it, those who witness it and the one who writes it down.
لَعَنَ آكِلَ الرِّبَا وَمُوكِلَهُ وَشَاهِدَيْهِ وَكَاتِبَهُ
Source
دروس وفتاوى المسجد الحرام لعام 1402هـ - 12 — binothaimeen.net (1:02:56)
The Arabic text is a machine transcription of the audio recording.