accountant

Q: A Muslim business has already taken out insurance on their fleet of vehicles.

Is it permissible for a Muslim to do the accounting records and related calculations for this insurance which they have already been taken out? For example, he will have to calculate the total insurance premium for all the vehicles, cross-check and ensure that the insurance records are correct, etc. The Muslim will be working for the business itself and will be in no way related to the insurance company.

Q: Is it permissible to do CA jobs in Islam? CA means chartered accountant who gives reports on the financial statement (profit and loss and balance sheet) by signing it and states in his report whether it gives true and fair views of state of affairs of the company which also includes financial figures related to interest earned and interest received by the company.

Q: I am working as an accountant in a liquor company. I struggled to find any work for two years and took this job out of desperation. What should I do?

Q: Can we pay the 'chartered accountant' his fee hired for calculating the income tax and filing its return from the 'interest money'?

Q: In the accounting profession, an accountant must prepare financial statements for clients. Clients may use these statements to get an interest-based loan to run their business. In such cases, will the accountant be sinful?

Q: I am a grade 11 student and I want to pursue accounting after school. I am just concerned about whether being a charted accountant is permissible in Islam as it involves recording interest bearing transactions. The accountant is not involved in the actual interest bearing transaction but all he has to do is record it on, the businesses financial statements.

1. Is it permissible to become a charted accountant?

2. Is it permissible to take bursaries from large auditing firms in SA. They offer to pay for all your studies and you have to work with them for 3 years after you qualify. Is it permissible to work for these large auditing companies e.g. Deloitte and Tousche, PWC OR KPMG. They audit the books of large companies that also use interest.

3. Would mufti saheb suggest becoming a charted accountant?

Q: I am working in the accounts department of a company that has a chain of restaurants. In these restaurants, they also sell alcohol. I only work in the accounts department and I don’t sell alcohol, but I do upload invoices on to their system that have records of the alcohol sales. In this case, am I allowed to work at such a place? Will my earnings be halaal?

Q: Is it permissible to leases one's premises to the following entities:

(1) A Muslim that sells electronics, including DVD movies and music CDs.

(2) A Muslim, male insurance broker.

(3) A Muslim, female accountant.

(4) A Muslim, female attorney.

(5) A non-Muslim, female General Practitioner (that will attend to both males and females.)

(6) A non-Muslim, female gynecologist.

(7) The offices of a non-Muslim government (including places like the Department of Home Affairs, Department of Labour, etc.)

(8) A Christian funeral parlor that, in addition to coffins, sells funeral plans.

(9) Two gays.