Fatwa #3956825 January 2018South Africa
Studying Accounting and Preparing Financial Statement for Muslims and non-Muslims
Question
Will it be OK to study accounting and prepare the financial statements of Muslim and non-Muslim businesses and companies?
Answer
In the Name of Allaah, the Most Gracious, the Most Merciful.
As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh.
It is permissible to study accounting and prepare financial statements for your clients.
You may refer to this link for some guidelines and advices by Hazrat Mufti Taqi Uthmaani (Hafidhahullaah) for accountants.
And Allah Ta’ala Knows Best
Muajul I. Chowdhury
Student, Darul Iftaa
New York, USA
Checked and Approved by,
Mufti Ebrahim Desai.