Work ethics and conflict of interests : doing business outside normal working hours fro my own company

Fatawa Question

Asslamu Alikum, Dear respected scholar. I am working for a software company. Recently me and my friend started a company while still we are working for the same company. We work on our company out of normal working hours. Since we don't have the required resources for the company I am working, the company uses outsource part of the work to a company in India. For certain technical expertise even this company in India can't proceed with certain things but my own company can handle part of the work so this company is willing to outsource certain work to us. Initially we are the people who recommended this company to the company I work as we have done business with them for some time. What do you think of these types of transaction from an Islamic point of view. There is under han dealing in any transaction. Only thing is the company for which I work doesn’t know I run a separate business. In no mean I am involved in the same product line of the company I work. May Allha guide us in the right path. Jazakllahuhairan

Fatwa

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Publication Date

2007-05-20

Main Subjects

Economics & Business Administration
Islamic Studies

No. of Pages

2

Data Type

Fatawa

Language

English

Record ID

BIM-785432

American Psychological Association (APA)

Qahf, Mundhir. 2007-05-20. Work ethics and conflict of interests : doing business outside normal working hours fro my own company. .
https://search.emarefa.net/detail/BIM-785432

Modern Language Association (MLA)

Qahf, Mundhir. Work ethics and conflict of interests : doing business outside normal working hours fro my own company. 2007-05-20.
https://search.emarefa.net/detail/BIM-785432

American Medical Association (AMA)

Qahf, Mundhir. 2007-05-20. Work ethics and conflict of interests : doing business outside normal working hours fro my own company.
https://search.emarefa.net/detail/BIM-785432