Question Summary:
Is Risk Management Graduate Programme Shariah Compliant?

Question Detail:

I am a law graduate and the only positive feedback I have received was from Absa. The graduate programme I applied for and was accepted for was the Risk Management course.
I would like to query about the permissibility of working in a bank.

Answer :

In the Name of Allah, the Most Gracious, the Most Merciful.
As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh.
Kindly submit the following information in order for us to issue a ruling regarding the “Risk Management Graduate Course”:
1. Work profile
2. Will you be providing risk management recommendations?
3. Will your work profile include insurance management?
4.  Will you be involved in the risk mitigation process?
5. Will you be actively involved in all the risk management processes? i.e. identification, evaluation, data collection, recommendations, implementation, etc.
And Allah Ta’āla Knows Best                                       
Ismail Desai,
Student Darul Iftaa
Durban, South Africa
Checked and Approved by,
Mufti Ebrahim Desai.