The Shaykh’s remarks on the danger of the administrative and financial organization of groups by placing their funds in banks.
Machine translationRead the Arabic original
The questioner : And from the material aspect, as I mentioned, regarding this topic.
The Shaykh : From the aspect of what?
The questioner : I said from the aspect of material administration.
The Shaykh : Yes.
The questioner : They need to place their money in banks, so they would be in conflict with this, which you mentioned once.
The Shaykh : Indeed, nowadays all Islamic groups fall into this prohibition. We have even heard, unfortunately, from senior scholars who permit placing funds in banks, on the condition that you do not benefit from riba (usury or interest). It is as if they distinguished between his saying (peace and blessings be upon him):Al-Mustadrak lil-Hakim 15:4 So they took the first part of the hadith: , and as for the rest, necessities permit the prohibited. And from such interpretations, the Islamic society is corrupted little by little.
In summary: This administrative organization, as I said, is possible from the theoretical legal perspective, but its application requires people with a certain culture of the Shari'ah and of administrative matters. And this is sufficient for now, and may we see you soon, if Allah wills.
The questioner : If Allah wills.
The Shaykh : Once again.
The questioner : If Allah wills.
The Shaykh : And more broadly.
The questioner : If Allah wills.
The Shaykh : And more broadly than this time, and we will engage in spiritual food, not material.
The questioner : If Allah wills.
The Shaykh : And we entrust you to Allah in your religion and your trust.
The questioner : We entrust you to Allah.
The Shaykh : And the conclusion of your deeds, and peace be upon you.
The Shaykh : From the aspect of what?
The questioner : I said from the aspect of material administration.
The Shaykh : Yes.
The questioner : They need to place their money in banks, so they would be in conflict with this, which you mentioned once.
The Shaykh : Indeed, nowadays all Islamic groups fall into this prohibition. We have even heard, unfortunately, from senior scholars who permit placing funds in banks, on the condition that you do not benefit from riba (usury or interest). It is as if they distinguished between his saying (peace and blessings be upon him):
May Allah curse the one who eats riba (usury or interest) and the one who feeds it.
لعن الله آكل الربا ، وموكلهMay Allah curse the one who eats riba (usury or interest).
لَعَنَ الله آكل الرباIn summary: This administrative organization, as I said, is possible from the theoretical legal perspective, but its application requires people with a certain culture of the Shari'ah and of administrative matters. And this is sufficient for now, and may we see you soon, if Allah wills.
The questioner : If Allah wills.
The Shaykh : Once again.
The questioner : If Allah wills.
The Shaykh : And more broadly.
The questioner : If Allah wills.
The Shaykh : And more broadly than this time, and we will engage in spiritual food, not material.
The questioner : If Allah wills.
The Shaykh : And we entrust you to Allah in your religion and your trust.
The questioner : We entrust you to Allah.
The Shaykh : And the conclusion of your deeds, and peace be upon you.
Source
www.al-albany.com
The Arabic text is copied verbatim from the original source, without any edits.