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Studying Accounting and Preparing Financial Statement for Muslims and non-Muslims

Fatwaa ID: 117

Question:

Assalamu Alaikum

Will it be OK to study accounting and prepare the financial statements of Muslim and non-Muslim businesses and companies?

Answer:

In the Name of Allaah, the Most Gracious, the Most Merciful.

As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh.

It is permissible to study accounting and prepare financial statements for your clients.

You may refer to the following link for some guidelines and advices by Hadhrat Mufti Taqi Uthmani (Hafizahullaah) for accountants. http://askimam.org/public/question_detail/7872.html

And Allaah Ta’aala Knows Best.

Muajul I. Chowdhury
Student, Darul Iftaa
New York, USA

Checked and Approved by,
Mufti Ebrahim Desai.

وصل اللهم وسلم وبارك على سيدنا محمد وعلى ءاله وصحبه أجمعين

__________________
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