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Is IT(Information Technology) job in an insurance company permissible?

Answered as per Hanafi Fiqh by Fatwa-TT.com

Question:

 Assalam Alaikum

I’d like to know it IT (information Technology) job in following insurance company is allowed, according to Quran & Sunnah or not?

Company name: Wesfarmers Insurance (Australian)

Answer:

In the Name of Allah, the Most Gracious, the Most Merciful.

As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh.

All forms of commercial insurances comprise of interest(Riba), gambling (Qimaar) and uncertainty(Gharar), all of which are prohibited. Therefore commercial insurances are not permissible in Shari’ah.

It appears that the company’s major source of income is from insurance. If so, your income will not be permissible, even though you are employed in the IT department and not directly involved in insurance related transactions.

We advise you seek another job that is compliant with Shari’ah.

And Allah Ta’āla Knows Best

Mufti Arshad Ali

Darul Iftaa, Jaamia Madinatul Uloom (Trinidad)

www.fatwa-tt.com

This answer was collected from Fatwa-tt.com, which is operated by the Darul Iftaa of Jaamia Madinatul Uloom (Trinidad and Tobago) under the advice and guidance of Mufti Ebrahim Desai (Daamat Barakaatuhum) of South Africa.

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