Working in companies that have some Haram activities : working for a company whose shares are in alcohol

Fatawa Question

Dear Brother Ussalamwallaikum I am currently working for a mutual fund company in India. Mutual funds invest in Banks, Alcohol making companies but it is less than 5 % of the portfolio. The portfolio is changing ; it depends on the fund managers in which company to invest. Mutual Funds earn fund management fees out of the corpus. There are fixed maturity products also which works on interest. I want to know if this job is Halal or not ? Please answer my question at your earliest as I am in tension Allah hafiz Faraz

Fatwa

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Publication Date

2009-06-03

Main Subjects

Economics & Business Administration
Islamic Studies

No. of Pages

1

Data Type

Fatawa

Language

English

Record ID

BIM-732168

American Psychological Association (APA)

Qahf, Mundhir. 2009-06-03. Working in companies that have some Haram activities : working for a company whose shares are in alcohol. .
https://search.emarefa.net/detail/BIM-732168

Modern Language Association (MLA)

Qahf, Mundhir. Working in companies that have some Haram activities : working for a company whose shares are in alcohol. 2009-06-03.
https://search.emarefa.net/detail/BIM-732168

American Medical Association (AMA)

Qahf, Mundhir. 2009-06-03. Working in companies that have some Haram activities : working for a company whose shares are in alcohol.
https://search.emarefa.net/detail/BIM-732168