{"id":9977,"date":"2018-03-19T18:33:32","date_gmt":"2018-03-19T18:33:32","guid":{"rendered":"http:\/\/daruliftabirmingham.co.uk\/?p=9977"},"modified":"2018-03-19T18:33:32","modified_gmt":"2018-03-19T18:33:32","slug":"accountant-for-a-company-that-takes-loan-from-bank-on-interest","status":"publish","type":"post","link":"https:\/\/daruliftabirmingham.co.uk\/home\/accountant-for-a-company-that-takes-loan-from-bank-on-interest\/","title":{"rendered":"Accountant for a company that takes loan from bank on interest"},"content":{"rendered":"<p style=\"text-align: right;\">\n\t<span style=\"color:#000000;\"><span style=\"font-size:14px;\"><span style=\"font-family:verdana,geneva,sans-serif;\"><strong>Fatwa ID: 02439<\/strong><\/span><\/span><\/span>\n<\/p>\n<p>\n\t<span style=\"color:#000000;\"><span style=\"font-size:14px;\"><span style=\"font-family:verdana,geneva,sans-serif;\"><strong>Answered by:<\/strong>&nbsp;Mufti Eunus Ali<\/span><\/span><\/span>\n<\/p>\n<p>\n\t<span style=\"color:#000000;\"><span style=\"font-size:14px;\"><span style=\"font-family:verdana,geneva,sans-serif;\"><strong>Question:<\/strong><\/span><\/span><\/span>\n<\/p>\n<p>\n\t<span style=\"color:#000000;\"><span style=\"font-size:14px;\"><span style=\"font-family:verdana,geneva,sans-serif;\">If I work in a company as an accountant and company takes loan from bank on interest basis and also give loan on interests to debtors but their main business is halal and I have to make budget of company to inform how much money they have to pay to bank and how much interest income is coming from debtors this year is my job halal or haraam remember that I was not present at actual transaction of inters but merely informing them and calculating amount they have to pay this year according to contract which already been occurred<\/span><\/span><\/span>\n<\/p>\n<p>\n\t<span style=\"color:#000000;\"><span style=\"font-size:14px;\"><span style=\"font-family:verdana,geneva,sans-serif;\"><strong>Answer<\/strong><\/span><\/span><\/span>\n<\/p>\n<p>\n\t<span style=\"color:#000000;\"><span style=\"font-size:14px;\"><span style=\"font-family:verdana,geneva,sans-serif;\"><strong>\u0628\u0633\u0645 \u0627\u0644\u0644\u0647 \u0627\u0644\u0631\u062d\u0645\u0646 \u0627\u0644\u0631\u062d\u064a\u0645<\/strong><\/span><\/span><\/span>\n<\/p>\n<p>\n\t<span style=\"color:#000000;\"><span style=\"font-size:14px;\"><span style=\"font-family:verdana,geneva,sans-serif;\">The Quran explicitly warns against the use of interest:<\/span><\/span><\/span>\n<\/p>\n<p align=\"center\">\n\t<span style=\"color:#000000;\"><span style=\"font-size:14px;\"><span style=\"font-family:verdana,geneva,sans-serif;\"><strong><span dir=\"RTL\">\u064a\u064e\u0627 \u0623\u064e\u064a\u0651\u064f\u0647\u064e\u0627 \u0627\u0644\u0651\u064e\u0630\u0650\u064a\u0646\u064e \u0622\u0645\u064e\u0646\u064f\u0648\u0627 \u0627\u062a\u0651\u064e\u0642\u064f\u0648\u0627 \u0627\u0644\u0644\u0651\u064e\u0647\u064e \u0648\u064e\u0630\u064e\u0631\u064f\u0648\u0627 \u0645\u064e\u0627 \u0628\u064e\u0642\u0650\u064a\u064e \u0645\u0650\u0646\u064e \u0627\u0644\u0631\u0651\u0650\u0628\u064e\u0627 \u0625\u0650\u0646\u0652 \u0643\u064f\u0646\u0652\u062a\u064f\u0645\u0652 \u0645\u064f\u0624\u0652\u0645\u0650\u0646\u0650\u064a\u0646\u064e. \u0641\u064e\u0625\u0650\u0646\u0652 \u0644\u064e\u0645\u0652 \u062a\u064e\u0641\u0652\u0639\u064e\u0644\u064f\u0648\u0627 \u0641\u064e\u0623\u0652\u0630\u064e\u0646\u064f\u0648\u0627 \u0628\u0650\u062d\u064e\u0631\u0652\u0628\u064d \u0645\u0650\u0646\u064e \u0627\u0644\u0644\u0651\u064e\u0647\u0650 \u0648\u064e\u0631\u064e\u0633\u064f\u0648\u0644\u0650\u0647\u0650<\/span><\/strong><strong>.<\/strong><\/span><\/span><\/span>\n<\/p>\n<p>\n\t<span style=\"color:#000000;\"><span style=\"font-size:14px;\"><span style=\"font-family:verdana,geneva,sans-serif;\">&ldquo;O those who believe, fear Allah and give up what still remains of the Riba (interest) if you are believers. If you do not, then listen to the declaration of war from Allah and His Messenger.&nbsp; (Surah Baqarah278 &amp;279)<\/span><\/span><\/span>\n<\/p>\n<p>\n\t<span style=\"font-size:14px;\"><span style=\"font-family:verdana,geneva,sans-serif;\"><span style=\"color:#000000;\">The Messenger of Allah (may peace be upon Him) cursed the one who consumes, deals, records and bears witness for interest based transactions&rdquo;.<\/span><a href=\"#_ftn1\" name=\"_ftnref1\" title=\"\"><span style=\"color:#000000;\">[1]<\/span><\/a><\/span><\/span>\n<\/p>\n<p>\n\t<span style=\"color:#000000;\"><span style=\"font-size:14px;\"><span style=\"font-family:verdana,geneva,sans-serif;\">Based on the above Hadith, although you may not be directly involved in the transaction of interest however the job entails keeping record as well as being witness to the transactions. Therefore this type of job needs to be abandoned and alternative job should be sought. <a name=\"_GoBack\"><\/a><\/span><\/span><\/span>\n<\/p>\n<p>\n\t<span style=\"color:#000000;\"><span style=\"font-size:14px;\"><span style=\"font-family:verdana,geneva,sans-serif;\">Only Allah knows best<\/span><\/span><\/span>\n<\/p>\n<p>\n\t<span style=\"color:#000000;\"><span style=\"font-size:14px;\"><span style=\"font-family:verdana,geneva,sans-serif;\">Written by Mufti Eunus Ali<\/span><\/span><\/span>\n<\/p>\n<p>\n\t<span style=\"color:#000000;\"><span style=\"font-size:14px;\"><span style=\"font-family:verdana,geneva,sans-serif;\">Checked and approved by Mufti Mohammed Tosir Miah<\/span><\/span><\/span>\n<\/p>\n<p>\n\t<span style=\"color:#000000;\"><span style=\"font-size:14px;\"><span style=\"font-family:verdana,geneva,sans-serif;\">Darul Ifta Birmingham<\/span><\/span><\/span>\n<\/p>\n<p>\n\t<span style=\"color:#000000;\"><span style=\"font-size:14px;\"><span style=\"font-family:verdana,geneva,sans-serif;\">Accountant for a company that takes loan from bank on interest<\/span><\/span><\/span>\n<\/p>\n<div>\n<hr align=\"left\" size=\"1\" width=\"33%\" \/>\n<div id=\"ftn1\">\n<p>\n\t\t\t<span style=\"font-size:14px;\"><span style=\"font-family:verdana,geneva,sans-serif;\"><a href=\"#_ftnref1\" name=\"_ftn1\" title=\"\"><span style=\"color:#000000;\">[1]<\/span><\/a><span style=\"color:#000000;\"> Saheeh Muslim: 1598<\/span><\/span><\/span>\n\t\t<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Fatwa ID: 02439 Answered by:&nbsp;Mufti Eunus Ali Question: If I work in a company as an accountant and company takes loan from bank on interest&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[17],"tags":[],"_links":{"self":[{"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/posts\/9977"}],"collection":[{"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/comments?post=9977"}],"version-history":[{"count":1,"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/posts\/9977\/revisions"}],"predecessor-version":[{"id":9978,"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/posts\/9977\/revisions\/9978"}],"wp:attachment":[{"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/media?parent=9977"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/categories?post=9977"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/tags?post=9977"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}