The ruling on working in insurance companies and riba (usury or interest) banks

Question:
Yes, we have a call from Ali in Riyadh. May Allah welcome you. Hello, peace be upon you and Allah’s mercy and blessings. And upon you be peace and Allah’s mercy and blessings. May Allah bless you, my brother. I am a graduate of the private Institute of Administration specializing in insurance. Most of my work, I mean, is in bank departments or insurance companies. I have received many job offers. The question is from two people. The first person asks: Is it permissible to work in insurance companies? The second person says: I received a job offer from Al-Samab Bank. Is it permissible to work in Al-Samab Bank or not, in departments not related to nuclear transactions? This matter is vital for me, because I want to specialize in this field. Oh Shaykh, I hope you understand. May Allah reward you with good and whiten your face. May Allah welcome you, Ali. May Allah bless you. He asks, may Allah bless you, that he is a graduate in administration and has many offers, especially in some companies, including insurance companies. Is it permissible to work in them?

Answer:
It is not permissible to work in insurance companies because this is cooperation in sin and aggression. One does not work in commercial insurance companies. Likewise, one does not work as an employee in banks, because this is cooperation in sin and aggression. I mean riba (usury or interest) banks. Yes.