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Job offer in a neobank

Last updated: 22nd July 2021
Question ID: #5755
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Assalamualaikum warahmatullahi wabarakatuhu I have a question regarding a career offer I am a software engineer & I have got an offer in a company that is a neobank. unlike a conventional bank that earns using loan & interest, neobanks charge merchants fee on every transaction. The company does give out loans (and earns interest) but the majority of the profit it earns is through halal means (we checked their financial statements) My role as a software engineer is to provide a platform that manages their data for analytical purposes. The purpose is not in my control and business can use it for all sorts of purposes e.g. to make their app better, detect fraud cases, and a lot more Kindly advise if the offer is worth taking. Alhamdulillah the offer is very beneficial both learning wise and salary-wise and even if I work for 1-2 years, it will be helpful in my next job

بسم الله الرحمن الرحيم

الجواب حامداومصليا

To work as a software engineer in itself is allowed but if the software design you make aids in interest dealings it will be impermissible otherwise it will be permissible.

And Allah knows best .

02 Muharram 1443/ 11 August 2021

Answer last updated on:
23rd August 2021
Answered by:
Ulamaa ID 04
Location: London