Is it permissible for me to work as an accountant in a company that deals with Tawarruq with banks, knowing that the nature of my work requires recording banking transactions and calculating paid interest, and I have no involvement in the agreement with the bank or the renewal of the Tawarruq?
If the Tawarruq (monetization) practiced by the company is permissible, then there is no objection to working there. However, if it is organized Tawarruq, it is unlawful because it is a legal stratagem to engage in usury. Therefore, it is not permissible to work directly for the company in this forbidden contract or to assist in it, unlike working in other capacities. Since your work involves accounting entries for banking operations and tallying paid interest, you would be assisting in the contracts conducted by the company. This assistance is forbidden if the contracts themselves are forbidden, based on Allah's saying: "And cooperate in righteousness and piety, but do not cooperate in sin and aggression."
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/154987
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 154987
- Added here
- . This is when the answer was added to El Fatwa, not the fatwa's date.
- Text
- Summary from Ftawy's records, reviewed by El Fatwa's sharia committee.
- Read the full ruling
- Read the full answer on Ftawy