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Working at a restructuring firm

Fatwaa ID: 599

Assalaamu ‘alaykum warahmatullah. Is it permissible to work at a restructuring firm, specifically Alvarez and Marsal? Most of their client work is for finance institutions, restructuring and consulting, but recently they opened a tax arm. Would it be permissible to work in the tax consulting divisions at this firm?

In the Name of Allaah, the Most Gracious, the Most Merciful.
As-salaamu ‘alaykum wa-rahmatullaahi wa-barakaatuh.

A restructuring firm provides advices and plans to businesses and companies that are under financial distress to move ahead and flourish. It is permissible to work at such a firm provided that the advices and plans given are Shari’ah compliant. If one advises the companies to engage in haraam, then that would not be permissible. He will be assisting in sin.

And Allaah Ta’aala knows best.
Mufti Muajul I. Chowdhury
Darul Iftaa New York

07/24/1444 AH – 02/15/2023 CE |AMG3-3358

وصل اللهم وسلم وبارك على سيدنا محمد وعلى ءاله وصحبه أجمعين


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