Fatwa #1320827 July 2005United Kingdom
work for islamic development bank
Question
I want to do a job in ISLAMIC DEVELOPMENT BANK JEDDAH. i think that it is not a commercial bank, and if it is, what do you think that is it HALAAL from me to go from islamabad, pakistan to eddah for that job. I also want to know that whether this bank is working according to the rules of SHARIAH, or is it doing anything against the SHARIAH?
Answer
If you have the opportunity to work and get experience at IDB (Islamic Development Bank) at Jeddah, you should not miss the opportunity. I cannot commence on the Shari’ah compliancy of all the issues of the Bank. However, I have been reliably informed that the IDB takes its rulings from the Fiqh Academy of Jeddah that comprises of respectable Ulama.
and Allah Ta'ala Knows Best
Mufti Ebrahim Desai