Further Discussion On Investiment In The So-called Islamic Banks

Dear brother, your answer[1] is not very clear. Firstly if Islamic Banks like Meezan are not fully Islamic then what is the fun of keeping money in them? You say leasing is acceptable and murabahah is not. Then how do we know that our money has been used in leasing only. In one of the TV shows a similar question was asked to Mr Ghamidi. He never commented on it to be half okay and half not. He simply said that no zakah is to be paid as 10% deduction has already been done. Please clarify this point as I placed my amount in this Bank for seven years after listening to Deen-O-Danish on Dunya TV. I want to be absolutely sure about my investments because I have to face Allah Almighty one day. I will be quoting you people on the day of resurrection. Now please tell me whether keeping money in these banks is Halal or not. They don’t give fix profit. They claim that they invest in Halal dealings. People like us can’t go and investigate them for that. We have to trust somebody when their is hardly any choice left these days.

[1] Reference is towards the following discussion: http://www.al-mawrid.org/pages/questions_english_detail.php?qid=524&cid=385 Read More

Investment In The So-called Islamic Banks

I have fifty million rupees deposited in Meezan Bank for seven years. My questions to Mr Javeed Ahmed Ghamidi follow:

a. Is this bank really working as per Sharī‘ah? They do not give fixed profit and claim that they do not invest our money in un-Islamic trades.

b. Do I have to pay the zakah on the original amount deposited and on the profit? Bank deducts 10% tax on my profit each month.

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بینک کی ملازمت

کیا بینک کی ملازمت جائز ہے؟

اس میں کوئی شک نہیں کہ بینک ایک سودی ادارہ ہے اور اس کی ملازمت صحیح نہیں ہے، لیکن اگر میں اس میں ٹریننگ منیجر یا ٹریننگ کرنے والے شخص کی حیثیت سے ملازمت کرتا ہوں تو کیا میری یہ ملازمت جائز ہو گی؟

کیا بینک کے لیے اس نوعیت کا کام کیا جا سکتا ہے کہ اس کے پاس ان لوگوں کو لایا جائے جو اپنی اشیا یا گھر وغیرہ رہن رکھ کر قرض لینا چاہتے ہوں، بینک اس طرح کا کام کرنے والے کو کمیشن دیتا ہے۔ چنانچہ کیا یہ کاروبار جائز ہو گا؟