FatwaSelangorTransactions & Finance
#36 Taudih al-Hukmi : Hukum Menyertai Acara Anjuran Bank Konvensional
Can Muslims take part in events such as runs or competitions organised by conventional banks?
Short answer
This explanatory article states that participating in events organised by conventional banks is prohibited because it amounts to supporting and promoting an institution based on riba.
A reference, not a fatwa. First sentence of the summary below — read the original fatwa and consult your state authority before acting.
- Authority
- Selangor State Mufti Department
- Date
- Status
- Opinion (irsyad)
- Series
- Taudhih Al-Hukmi (artikel penjelasan, bukan pendirian rasmi Mufti Selangor)
- Topic
- Transactions & Finance
No evidence of gazettement in the source — this is not a gazetted fatwa.
Summary
This explanatory article states that participating in events organised by conventional banks is prohibited because it amounts to supporting and promoting an institution based on riba. Although the stated aim may be positive, such as encouraging sport, the real purpose is to promote conventional banking through branding, logos and prizes, and the ruling on a means follows the ruling on its objective. Where a run also requires participants to take conventional insurance, the involvement in what is prohibited becomes even clearer. The article is an explanation and not an official position of the Selangor Mufti.
Written in our own words from the original fatwa — check the source before acting on it.
Menyertai acara sedemikian adalah haram kerana mempunyai unsur menyokong dan mempromosikan sistem riba secara langsung.
Read the full fatwa on the Selangor website (new tab)
How to cite
Cite the original fatwa and its authority. Rujuk Fatwa is only where you found it.
Selangor State Mufti Department. “#36 Taudih al-Hukmi : Hukum Menyertai Acara Anjuran Bank Konvensional”, 2 November 2023. https://www.muftiselangor.gov.my/2023/11/02/36-taudih-al-hukmi-hukum-menyertai-acara-anjuran-bank-konvensional/. Found via Rujuk Fatwa: https://rujukfatwa.com/en/fatwa/joining-events-organised-by-conventional-banks/