Working in interest related companies organizations : working in finance management

Fatawa Question

As-salamu ‘alykum Dr. Monzer ! I pray you are in good health and spirits. My dad sends his warmest Salams ! I have a question regarding earning a living as a financial planner. The specific company I am looking at specializes in Life insurance, retirement planning, mutual funds, home mortgages, and real estate. The job would be to prospect for clients and manage the above categories. It seems like a no brainer but I wanted to make sure, It seems that interest is a central part of how people are paid. One is paid commission from brokers and bonuses from the company. It requires one to be licensed in the securities and insurance policies. The company is called Independent Capital Management. It seems like it is an agent of the famous AIG. http://www.icmfinancial.com/ What would you advice any of your sons if they wanted to start a career and become a branch manager ? Sincerely,

Fatwa

Click hereto view more

Publication Date

2008-06-25

Main Subjects

Economics & Business Administration
Islamic Studies

No. of Pages

1

Data Type

Fatawa

Language

English

Record ID

BIM-731180

• APA
• MLA
• AMA