السلام عليكم و رحمة الله و بركاته
I noticed this question has been asked before although the response was fairly generic.
With Revolut being a non-conventional bank, their revenue streams are predominantly through fees, my question is whether working for them in a role that does not directly involve any haram services or products is permissible?
Wasalam wr
Please see the link below:
Salaams,
Revolut is certainly not a conventional bank, hence the question. They don’t even have a banking license in the UK.
Aleykum selam,
Revolut is a bank in the EU (they even give credits here).
In the UK it is an E-Money institution.
I do not know how E-Money instituions are regulated in the UK.
In the EU an e-money institution is required by law to either hold customer funds in a trust account at a bank or invest them in certain assets (e.g., cash equivalents, government bonds, debt instruments). Customer funds may also be protected by insurance.
Source: https://www.lb.lt/en/faq/what-client-fund-safeguarding-requirements-apply-to-payment-or-e-money-institutions
Revolut also offers its customers to buy stocks, commodities, crypto and change currencies. Even forward transactions for currency exchange.