Fatwa: # 15680
Category: Business Matters
Country: Saudi Arabia
Date: 21st September 2007

Title

Is it permissible to work in this environment? Please keep in mind that both funds (Shares Capital Profit) are being used to disburse the construction cost employees related expenses...

Question

I am working in Saudi Arabia in Finance Department. My company is in construction process and currently we have two source of cash inflows 1. Shares Capital 2. Interest/Profit on this Shares Capital, which is placed in banks in Murahaba (so called). My responsibilities include beside other to check calculation of this profit/Interest and also keep all memorandum record and accounting entries, but I am not sole decision maker.

Is it permissible to work in this environment? Please keep in mind that both funds (Shares Capital Profit) are being used to disburse the construction cost employees related expenses.

I beliieve that I can easily get some other reasonable job in my native country i.e. Pakistan not in Saudi Arabia.

Answer

In the name of Allah, Most Gracious, Most Merciful

Assalaamu `alaykum waRahmatullahi Wabarakatoh

According to our understanding of your querry, your function is to keep records of the funds. If our understanding of your querry is correct, then your employment is permissable.

And Allah knows best

Wassalam

Mufti Ebrahim Desai

Darul Iftaa

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