Working in interest related companies organizations : job in investment management

Fatawa Question

Assalam Alaikum Brother Monzer, I came across your name while searching for advice on finance related matters. I'm hoping that you can share your opinion on this somewhat complicated issue. I have a job offer from a company that develops an order management system for investment management companies. The name of the company is Charles River Development (www.crd.com). My job will be that of a technical implementation consultant. In this role, I'll be working clients of CRD in installing, configuring, integration, and upgrading the software. The software allows investment managers to do trading in all asset classes (equity, fixed-income, derivatives, and currencies). There are also major components that deal with post-trade compliance, in addition to many other features. I'm really confused about whether working for this company will be Halal. Obviously the product allows investment managers to place orders for Haram products (fixed-income and derivatives). What is your opinion on this subject ? Jazakum Allahu Khairan. Your brother in Islam, Junaid

Fatwa

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Publication Date

2009-08-11

Main Subjects

Economics & Business Administration
Islamic Studies

No. of Pages

1

Data Type

Fatawa

Language

English

Record ID

BIM-731219

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