Transactions & Dealings >> Other Transactions
Question ID: 7573Country: United Arab Emirates
Answer ID: 7573Posted on: Sep 1, 2020
Bismillah hir-Rahman nir-Rahim !
(Fatwa: 1152/993=L/1429)
Network marketing is neither based on partnership nor Muzarba (investment by one partner and work by other), rather it consists of many invalid conditions, and it is similar to lottery and gambling. Also, there is so much deception that in the greed of wealth it can trap the entire population in financial crisis. Therefore, it is Islamically unlawful to become its member or to take commission from the work of the persons below you while you do not have a share in their work.
Allah (Subhana Wa Ta'ala) knows Best
Darul Ifta,
Darul Uloom Deoband, India
I am have the following situation and would like some naseehat I currently working for an Accounting firm who are an auditing and accounting firm. We do work for a range of different clients in all sectors of the economy. I have recently been offered a position by a Major Bank to join them as a Computer Auditor where I am responsible for identifying weaknesses in their computer systems and reporting this to management. It is a very good offer and it will help improve my work experience. If I were to take the offer, I am not considering staying there for long, just to gain experience and move on. The place where I am currently working, there is not enough work, therefore this leads to me being unassigned which effects my work productivity levels. This directly impacts my chances of advancing in the company and will be turned down for promotion. Increases are very minimal as well, last years was 3.6%. The banking industry is currently one of the major employers in my job expertise market. So the current thoughts in my mind are that: 1. I will only take the job at ABSA for a maximum of 2 years to get experience and then look for another employment; and 2. I will also be able to afford to buy a house with the extra income. What should I do? Is it acceptable to perform this type of work in a bank?
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