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Muslim accountant calculating insurance transactions of a company

Answered according to Hanafi Fiqh by Muftionline.co.za

Q: A Muslim business has already taken out insurance on their fleet of vehicles.

Is it permissible for a Muslim to do the accounting records and related calculations for this insurance which they have already been taken out? For example, he will have to calculate the total insurance premium for all the vehicles, cross-check and ensure that the insurance records are correct, etc. The Muslim will be working for the business itself and will be in no way related to the insurance company.

Bismillaah

A: The accountant should excuse himself from getting involved in wrong transactions, even if it is just recording them.

And Allah Ta’ala (الله تعالى) knows best.

(Scroll down for more information regarding this question)

Answered by:

Mufti Ebrahim Salejee (Isipingo Beach)


Q: What if the father of the accountant is telling his child to do this work for the father’s business? In other words, should the parent be disobeyed in this scenario?

Bismillaah

A: The laws of shariah do not change. They are immutable. It does not change for any person or for any circumstance.

And Allah Ta’ala (الله تعالى) knows best.

 

Answered by:

Mufti Ebrahim Salejee (Isipingo Beach)

This answer was collected from MuftiOnline.co.za, where the questions have been answered by Mufti Zakaria Makada (Hafizahullah), who is currently a senior lecturer in the science of Hadith and Fiqh at Madrasah Ta’leemuddeen, Isipingo Beach, South Africa.

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