Working in government and the judiciary : is my regulatory job permissible ?

السؤال

Asslaamu Alaykum Wa Rahmatullah Wa Barakatuh I ask Allah subhanahu Wa t’ala to allow you to receive this email in the best of health and Iman. Allah Aza Wa Jal accept your Ramadan, bless you and your family, grant you Ikhlas and give you Jannah-al-Firdous. Dear Dr. Monzer Kahf : I’m emailing you to ensure I understand the permissibility of my job. I have attached to this email a PDF document which is the same job description for my job which was advertised to me. I would also like to add the following points : -As you know, the Toronto Stock Exchange (TSX) is an organization which provides companies a platform to trade public shares, a part of Canada's capital markets. However, my organization is completely separate from the TSX (which I suppose is a good thing Islamically). I myself rarely interact with personnel the TSX. I only visit their website and review their daily bulletins in order to discover Companies which no longer have reporting obligations in Alberta, or are de-listed, or may have entered into a transaction in which I am supposed to ensure they disclose this transaction to the public on Sedar.com - The organization I work for is a regulatory body. It is a self-funded organization associated with the government of Alberta. That is, it receives its revenues from fees it charges Alberta companies and is hardly funded by the government. - Subjectively speaking, the role of my employer is to search for fraudulent activities amongst both companies and investment salesman. However, the role of my specific department and team is to look for fraudulent and un-compliant companies. I do not regulate individuals who sell securities / investments that is an entirely different department and floor. But occasionally, I will ban and prohibit a company from trading any private and public shares or raising capital by drafting a document signed by my manager. My position if fairly administrative and consists of many administrative duties and is less analytical. -Amongst my job duties are to : penalize companies in Alberta, look through their balance sheets to see if there’s anything fishy, ensure that they file documents properly (public disclosure), and maintain an internal database. -I do not deal with Riba (interest). In fact, my organization does not have some of the massive interest-ridden debts as some of the big O and G companies incur in Alberta. -As part of my job, I have to maintain a list of every Company and Investment Fund in Alberta. Occasionally, while fulfilling this data-entry duty, I will come across Bond Fund (Riba / interest) or Alcoholic Company. I have no involvement in witnessing Riba-related contracts, or creating them. Here is the list I maintain which is for the public : -If you like, I can provide you a full list of my job duties. Based on the information I have provided, is my job in Calgary permissible ? Jazak’Allah Khair Dr. Kahf. Your brother in Islam, Basil

جواب الفتوى

أنقر هنالمشاهدة هذا المحتوى

تاريخ النشر

2010-09-19

التخصصات الرئيسية

العلوم الاقتصادية والمالية وإدارة الأعمال
الدراسات الإسلامية

عدد الصفحات

1

نوع البيانات

فتاوى

لغة النص

الإنجليزية

رقم السجل

BIM-732272

• APA
• MLA
• AMA