Fatwa #1297020 October 2004Singapore

Can I work for a company Bloomberg ?

Question

This company provides financial news, data and trading platform to the entire financial industry in the world. Its similar to REUTERS another financial information provider in the world. Bloomberg's customers range from Banks, Oil Companies to Governments etc.

Answer

From our understanding, ?Bloombergs? simply provides information and analysis. You are not directly involved on interest bearing transactions.

In that case, it is permissible to work for this company.

and Allah Ta'ala Knows Best

Ml. Imraan Vawda
FATWA DEPT.

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