Working in jobs related to non-financial Haram activities : working as a software developer

Fatawa Question

Assalamu Alaykum wa Rahmatullahi wa Barakatuh, Is it permissible for a Muslim to work as a software developer specifically or other type of positions in general at financial companies similar to Moody's, Fitch ratings and standard and poor's (S and P), which publish financial research and analysis on stocks and bonds ? The sticking point is the fact that these types of companies in addition to publishing financial research and analysis on stocks, they rate banks, lenders and bonds (RIBA based businesses). What a Muslim should do in general if he or she wants to work in the financial sector that all or part of it is based on RIBA ? (Please see the following links for more details of the companies http://en.wikipedia.org/wiki/Moody%27s http://en.wikipedia.org/wiki/Standard_&_Poor's http://en.wikipedia.org/wiki/Fitch_Ratings). Jazakum Allahu khayran

Fatwa

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Publication Date

2007-03-14

Main Subjects

Economics & Business Administration
Islamic Studies

No. of Pages

1

Data Type

Fatawa

Language

English

Record ID

BIM-785374

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