He is asking about Bank al-Jazeerah

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As-Salaamu-Alaikum wa Rahmatullahi wa Barakatuh. (May Allah's Peace, Mercy and Blessings be upon all of you)
One of our brothers/sisters has asked this question:
Is Bank al-Jazeerah in the Kingdom of Saudi Arabia riba-based or Islamic?.
(There may be some grammatical and spelling errors in the above statement. The forum does not change anything from questions, comments and statements received from our readers for circulation in confidentiality.)
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Praise be to Allaah.

Dr. Muhammad ibn Sa’ood al-‘Usaymi (may Allaah preserve him) was asked: What is the ruling on working in Bank al-Jazeerah? If I find another job, should I give up my job in Bank al-Jazeerah? 

He replied: The basic principle is that it is permissible to work in Bank al-Jazeerah, because they seem to be striving to Islamize all their operations. But, by way of advice, I think that you should stipulate conditions for yourself that you will work in accordance with the decisions of the shar’i committee, and if you are forced to do some tasks that are not in accordance with their decisions, do not give up work immediately, rather inform the shar’i committee first, and seek their guidance. We and others are impatiently waiting for the Islamization of this bank to be completed. May Allaah help those in charge of it to do all that is good. And Allaah knows best. End quote. 


And Allaah knows best.

Whatever written of Truth and benefit is only due to Allah's Assistance and Guidance, and whatever of error is of me. Allah Alone Knows Best and He is the Only Source of Strength.

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