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Providing An Accounting Service To An Insurance Company

Answered according to Hanafi Fiqh by Darulifta Azaadville

Question:

Is it permissible for an accountant to offer his accounting and tax services to an insurance broker? 

Answer:

All forms of insurance are Haraam in Shariah due to it containing the element of gambling and interest. It will not be permissible to derive any income from an insurance company in lieu of one’s services since the income from such a business is impermissible. Secondly, offering one’s services to an insurance company is tantamount to assisting in the disobedience of Allah d which has been categorically prohibited in the Quraan Sharif, hence one should avoid such an employment.    

( وَلَا يَجُوزُ الِاسْتِئْجَارُ عَلَى الْغِنَاءِ وَالنَّوْحِ ، وَكَذَا سَائِرُ الْمَلَاهِي ) ؛ لِأَنَّهُ اسْتِئْجَارٌ عَلَى الْمَعْصِيَةِ وَالْمَعْصِيَةُ لَا تُسْتَحَقُّ بِالْعَقْدِ .العناية ص395 ج12

ولا تعاونوا علي الاثم والعدوان (المائدة)

Checked and Approved By:

Mufti Muhammed Saeed Motara Saheb D.B.

This answer was collected from the official Ifta website of Darul Uloom Azaadville, South Africa. Most of the answers are checked and approved by Mufti Muhammed Saeed Motara Saheb D.B.

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