Source: http://qa.muftisays.com/?2931
Question ID: #2931
 
Question: Financial analyst
Assalam Alykum,
Is it permissable for a muslim to work as a financial analyst, determining the intrinsic values of company's shares on the stock exchange and giving recommendations for investment in an investment advisory company
 
 
Answered by: Ulamaa ID 04 (London)
Date: 25/04/2009 18:40pm

Bismillah

Al-jawab billahi at-taufeeq (the answer with Allah's guidance)



The job of a financial analyst will be permissible, if your dealings does not involve in Haram transactions like, Riba (interest), insurances etc. In addition, it is also not permissible to advice or encourage others to deal in Haram transactions.



And Only Allah Ta'ala Knows Best.
Mufti Qamruzzaman

London, UK
 
www.MuftiSays.com