Category: Business Matters
Fatwa#: 39568
Asked Country: South Africa

Answered Date: Jan 25,2018

Title: Studying Accounting and Preparing Financial Statement for Muslims and non-Muslims

Question

Assalamu Alaikum

Will it be OK to study accounting and prepare the financial statements of Muslim and non-Muslim businesses and companies?

Answer

In the Name of Allaah, the Most Gracious, the Most Merciful.

As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh.

It is permissible to study accounting and prepare financial statements for your clients.

You may refer to the following link for some guidelines and advices by Hazrat Mufti Taqi Uthmaani (Hafizahullaah) for accountants. http://askimam.org/public/question_detail/7872.html

 

And Allaah Ta’aala Knows Best

Muajul I. Chowdhury

 

Student, Darul Iftaa

New York, USA

 

Checked and Approved by,
Mufti Ebrahim Desai.

 

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