Working in IT department for a stockbroker who deals in spread betting.

Working in IT department for a stockbroker who deals in spread betting.

In the name of Allah, the most Beneficent, the most Merciful.

Answer

In the aforementioned scenario, the nature of the job i.e. working in an IT department for a stockbroker is permissible. However, the doubt is with regards to your salary. The stock company will be receiving some unlawful money form the betting company. There are then two possible scenarios:

1.      The betting company’s profit is the main source of income (more than 50%) for the stockbroker who then from the unlawful profit is giving your salary. This is not permissible and if this is the case it will not be permissible for you to work there.

2.      The betting company’s profit is not the main source of income for the stockbroker.  This will be permissible although it is best to work in an environment where your income will be 100% halal.

Saiduna Abu Hurayah (RA) narrates that the Prophet of Allah (SAW) said: “Allah is pure and accepts only that which is pure. Allah has commanded the faithful to do that which he commanded the messengers.” And Allah (SAW) has said: “o you who believe! Eat of the pure things and do right.” Allah (SAW) has said: “oh you who believe! Eat of the pure things we have provided you.” Then the Prophet of Allah (SAW) mentioned a man who journeyed far and dishelved and dusty and spends out oh his hand to the Heavens: “O lord! O Lord! While his food is unlawful, and he is nourished unlawfully, so how can his dua be answered!” (Sahih Muslim)

From this Hadith we can understand that unlawful income does have an effect on ones worship and acceptance of ones duas.

Saaiduna Abu Bakr Radiallahu Anhu narrated that the Prophet of Allah Sallallahu Alahi Wasalam said “That body will not enter Paradise which has been nourished with Haram” (Sunan Baihaqi)

Saaiduna Ka`b Bin Ujrah narrates that the Prophet of Allah Sallallahu Alahi Wasalam said, “A body nourished with Haram will not enter Jannah”. (Sunan Tirmizi)

Saaiduna Jabir Bin Abdullah Radiallahu Anhu narrates that the Prophet of Allah Sallallahu Alahi Wasalam said, “That flesh will not enter Paradise which has grown from Haram, and all that flesh which has grown from Haram, the fire (of hell) is more worthy of it.” (Musnad Ahmad, Sunan Darimi & Sunan Baihaqi)

Only Allah Knows Best

Mohammed Tosir Miah

Darul Ifta Birmingham.

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