Accountant working for a foreign bank


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Q 1: Is an accountant for a foreign bank included in the Hadith: "Allah curses the devourer (taker) of Riba (usury/interest), its payer, its two witnesses, and its scribe?"


A: Foreign bank dealings are interest-based transactions with borrowers, depositors, etc. Persons who work as accountants in such banks must handle the accounts of usurious dealings and write financial agreements between the two parties. Thus, a creditor is distinguished from the debtor. Therefore, accountants and their likes are included in the above mentioned Hadith as it applies to foreign banks and other usurious banks.




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