Fatwa: # 18541
Category: Financial Transactions
Country: South Africa
Date: 7th March 2010

Title

Is it permissible to work for companies like Allan Gray and JP morgan ?

Question

Is it permissible to work for companies like Allan Gray and JP morgan ?

Answer

In the name of Allāh, Most Gracious, Most Merciful


Assalāmu ῾alaykum wa Rahmatullāhi Wabarakātuh

 

In order for the Darul Ifta to issue a decree, we require more information regarding Allan Gray and JP Morgan companies. Also, inform us as to which department of the company’s work you are referring to.

And Allāh Ta῾āla Knows Best

Wassalāmu ῾alaykum 

Ml. Ebrahim Desai,
Student Dārul Iftā

Checked and Approved by:

Mufti Ebrahim Desai
Dārul Iftā, Madrasah In῾āmiyyah

 

________________________________________________________________________
Visit us at:
http://www.al-inaam.com                                                  [ Madrasah In῾āmiyyah ]
http://www.askimam.org                                            [ Dārul Iftā - Madrasah In῾āmiyyah ]
http://groups.google.com/group/shariahcompliant     [Shari῾ah Compliant Business Campaign]
http://groups.yahoo.com/group/shifaa                                [As-Shifā` Islamic Forum]
http://groups.yahoo.com/group/ulama_sa                                [Ulamā-SA Islamic Forum]

 

DISCLAIMER - Askimam.org questions

The Askimam.org Site answers issues pertaining to Shariah. Thereafter these questions and answers are placed for public view on www.askimam.org for educational purposes. However, many of these answers are unique to a particular scenario and can not be taken as a basis to establish a ruling in another situation or another environment. To ensure this Askimam.org will start to flag such questions. Previous questions on Askimam.org do not carry such cautionary message.  Askimam.org bears no responsibility with regards to these questions being used out of their intended context.

·          The Shar῾ī ruling herein given is specifically based on the question posed and should be read in conjunction with the question.

·          The Dārul Ifta bears no responsibility to any party who may or may not act on this answer. The Dārul Iftā being hereby exempted from loss or damage howsoever caused.

·          This answer may not be used as evidence in any Court of Law without prior written consent of the Dārul Iftā.

·          Any or all links provided in our emails, answers and articles are restricted to the specific material being cited.Such referencing should not be taken as an endorsement of other contents of that website.

 

DISCLAIMER - AskImam.org questions
AskImam.org answers issues pertaining to Shar'ah. Thereafter, these questions and answers are placed for public view on www.askimam.org for educational purposes. However, many of these answers are unique to a particular scenario and cannot be taken as a basis to establish a ruling in another situation or another environment. Askimam.org bears no responsibility with regards to these questions being used out of their intended context.
  • The Shar's ruling herein given is based specifically on the question posed and should be read in conjunction with the question.
  • AskImam.org bears no responsibility to any party who may or may not act on this answer and is being hereby exempted from loss or damage howsoever caused.
  • This answer may not be used as evidence in any Court of Law without prior written consent of AskImam.org.
  • Any or all links provided in our emails, answers and articles are restricted to the specific material being cited. Such referencing should not be taken as an endorsement of other contents of that website.
The Messenger of Allah said, "When Allah wishes good for someone, He bestows upon him the understanding of Deen."
[Al-Bukhari and Muslim]