The Ruling on Companies Dealing with Banks

The Shaykh : What is your job? You told me, didn't you?
The student : A guide, a reformer, public relations.

The Shaykh : What kind of company is it?
The student : Al-Mawarid Company; it deals in food and drinks, all of it is halal. It is a large real estate company, and I am in management.

The Shaykh : I do not think it is all halal.
The student : It needs a session, O Shaykh.

The Shaykh : You have gotten yourself into trouble.
The student : You have gotten yourself into trouble.
Another student: As far as I can see, it is halal.
The student : They have a specific bank.
Another student: ...

The Shaykh : What is that to you? The money is what you are a member in developing, is that right or not?
The student : Correct.

The Shaykh : Yes, that is the word, and it covers it, is that right?
The student : Correct.

The Shaykh : Fine, and do you know where this money is placed? And this is also correct.
The student : I do not know.

The Shaykh : Why?
The student : "I do not know" means you mean in the bank.
Another student: Of course, they put it in the bank.

The Shaykh : So how do you say you do not know?
The student : I mean, I do not know where they put the money, in which bank, what happens in it, I do not know.

The Shaykh : In which bank? I think there is a British one and an Islamic one.
The student : No, in Riyadh I have not seen this.

The Shaykh: Then.
The student : I have not seen an Islamic bank in Riyadh.

The Shaykh : What do you mean when you say you did not know in which bank?
The student : There is a bank that deals in riba.

The Shaykh : Fine, is this permissible? Is this not from the category of cooperation?
The student : It needs a session, O Shaykh.

The Shaykh : It needs a session.
The student : It needs a session tomorrow.

The Shaykh: On Monday.
The student: Tomorrow, if Allah wills.

The Shaykh : Tomorrow, where?
The student : At 'Ammar's house.
Another student: But there is a step they have...

The Shaykh : Be patient.
The student : The place is not the point; I am the one who determines the place.

The Shaykh: Peace be upon you.
The student : What do you think, O Shaykh, if we agree with our brother Abu Zayd and make the meeting at Abu Zayd's? The weather there at the farm would suit you... Now we will speak with him. What do you say, O Shaykh? We will arrange it tonight and give you an answer?

The Shaykh : Yes, but I cannot come earlier, meaning.
The student : One of the brothers will come to take you, like today, but at the hour you determine, meaning he will come at whatever hour.

The Shaykh : Yes, like today, but not like today.
The student : Yes, like... meaning at seven o'clock.

The Shaykh : One hour before Maghrib.
The student : Seven o'clock, meaning.

The Shaykh: Yes, fine.
The student : Seven, seven minus a quarter.

The Shaykh : Agreed.
The student : That is it.

The Shaykh : That is it, peace be upon you, welcome.
The student : May Allah bless you, O Shaykh.
Another student: You want to vent your frustration? He did not vent his frustration, that is correct.

The Shaykh : If Allah wills.
The student : O our Shaykh, we will take you because he is going to...

The Shaykh : ... Allah.
The student : Where is your car?
Another student: He will take you, he will take you.
The student : Welcome, please, please, that is it. Tomorrow, if Allah wills, we will have a session. As for this issue, I will look into it with you, if Allah wills.

The Shaykh : If Allah wills.
The student : Because I would like... there is smoke.

The Shaykh : And I will benefit, if Allah wills. Where is the car?