Assalamualaikum. I am a TYBSc Computer Science student. We have to do a project in this year. I have chosen LOAN MANAGEMENT SOFTWARE for a bank. Is it right or wrong to build this software?
Answer
(Fatwa: 1787/1440/D=1430)
In the abovementioned software, you will have to write accounts of interest; therefore should avoid it and try to look for other projects for work.
Allah (Subhana Wa Ta’ala) knows Best
Darul Ifta,
Darul Uloom Deoband