• Transactions & Dealings >> Interest & Insurance

    Question ID: 37606Country: India

    Title: I am a student of chartered accountancy, currently undergoing training as an articled assistant in a CA firm in Pune

    Question: I am a student of chartered accountancy, currently undergoing training as an articled assistant in a CA firm in Pune. As a CA student I have to do bank audit also. I wish to know that, can the books of Accounts of Banks be audited by a Muslim as per the Islamic Shariah.

    Answer ID: 37606

    Bismillah hir-Rahman nir-Rahim !

    (Fatwa: 460/379/B=1433) It is narrated in Muslim Sharif by Hadhrat Jabir (رضى الله عنه) that the holy Prophet Muhammad (صلى الله عليه وسلم) cursed a person who consumes interest, feeds it, calculates it and bears witness to it. It tells that it is haram and unlawful for a Muslim to write interest calculation and audit. The income of an unlawful job is unlawful.

    Allah (Subhana Wa Ta'ala) knows Best

    Darul Ifta,

    Darul Uloom Deoband, India