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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?

Answered according to Hanafi Fiqh by Darulifta-Deoband.com
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

This answer was collected from the official ifta website of Darul Uloom Deoband in India.

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