Working in interest related companies organizations : is being an auditor Haram ?

Fatawa Question

Asalaam Alaykum Brother, I write to you in regards to an issue that has been cornering me. I am an external auditor for a public accounting firm, as you probably know, by law companies must have their financial statements audited here in the United States to help provide comfort that they are not "materially misstated" due to different things such as fraud. Obviously companies have interest accounts such as interest payable and interest expense on the income statement which must also be audited. Thus, is being an external auditor Halal or Haram and why ? Also, does this fall under the recording of interest ? I had thought to understand that recording referred to when the contract was written ? I have been receiving conflicting views with some saying stay away from it and other that the audit is after the fact of the transaction occurring. I have been recommended to you and have been told you are an expert in the area. I am a husband and father. If it is Haram, please advise me on steps to take. Jazak Allah Khair, Mohamad

Fatwa

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Publication Date

2012-08-23

Main Subjects

Economics & Business Administration
Islamic Studies

No. of Pages

1

Data Type

Fatawa

Language

English

Record ID

BIM-731269

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