Question Is Bank al-Jazeerah in the Kingdom of Saudi Arabia riba-based or Islamic?.

Question

Is Bank al-Jazeerah in the Kingdom of Saudi Arabia riba-based or Islamic?.

Praise be to Allah.
    Dr. Muhammad ibn Sa’ood al-‘Usaymi (may Allaah preserve him) 
    was asked: What is the ruling on working in Bank al-Jazeerah? If I find 
    another job, should I give up my job in Bank al-Jazeerah? 

    He replied: The basic principle is that it is permissible to 
    work in Bank al-Jazeerah, because they seem to be striving to Islamize all 
    their operations. But, by way of advice, I think that you should stipulate 
    conditions for yourself that you will work in accordance with the decisions 
    of the shar’i committee, and if you are forced to do some tasks that are not 
    in accordance with their decisions, do not give up work immediately, rather 
    inform the shar’i committee first, and seek their guidance. We and others 
    are impatiently waiting for the Islamization of this bank to be completed. 
    May Allaah help those in charge of it to do all that is good. And Allaah 
    knows best. End quote. 


    http://www.halal2.com/ftawaDetail.asp?id=335

    And Allaah knows best.