The Majlis Archive
Finance - Banking - Business The Majlis Vol 27 No 03, p.10

A Musjid has many shops which are hired out for rental income which is used for the maintenance of the Musjid.

Question

A Musjid has many shops which are hired out for rental income which is used for the maintenance of the Musjid. Is it permissible to hire premises to a bank? What if it is an Islamic bank?

Answer

It is haraam. Banks are the primary structures of Riba. Aiding sin is haraam. There is no such thing as an „islamic‟ bank. All banks are haraam capitalist riba institutions. Do not be deceived by the satanically adorned „islamic‟ terminology which these so-called „islamic‟ banks employ to ensnare ignorant Muslims.

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The Majlis Vol 27 No 03
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10

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