Thursday, 28 April 2011

Working in auditing offices when there is riba in the companies’ accounts

What is the ruling on working in auditing offices, knowing that the job of the auditor is to check the company's accounts and budgets which may contain records of bank accounts or interest (riba), but he is not the one who wrote these accounts or dealt with them at all; rather he is only reviewing or checking them? All of that is for the purpose of issuing a report on the extent to which this organisation is adhering to international guidelines with regard to the outcome of its activities and to issue financial records.

Praise be to Allaah.

It is not permissible to review or audit riba-based accounts,
because that involves recording riba and remaining silent about it and
approving it. Muslim narrated in his Saheeh (1598) that Jaabir (may
Allaah be pleased with him) said: The Messenger of Allaah (peace and
blessings of Allaah be upon him) cursed the one who consumes riba and the
one who pays it, the one who writes it down and the two who witness it, and
he said: they are all the same. 

The scholars of the Standing Committee for Issuing Fatwas
were asked: I have a legal accounting business, in which we review the
financial statements of institutions and companies, from the accounting
records kept by the company. The purpose is to show the results of the
review at the end of the financial year in the form of budgets and reports
on the financial situation of the company, so that it may be submitted via
the company to one of the government departments or banks or to the
Department of zakaah and income. Similarly, throughout the year we keep an
eye on the company’s finances so as to guard against tampering and fraud. I
have some questions which I hope that you will answer: 

When reviewing the company’s
books, I may see some of the accounts that the company have with the banks,
and these accounts may show loans, i.e., the company owes money as a result
of getting a loan from the bank or as a result of being overdrawn, which
means that the bank starts charging interest on that, i.e., riba. The nature
of our work is to show these figures alongside other items in the budget,
and this is based on the books and records of the company, and bank
statements, and we cannot omit it from the other accounts; we have to show
it so that the budget reflects the real situation of the company. Is there
any sin on us for that, and are we regarded as witnesses to riba?

They replied: It is not permissible for you to be an
accountant dealing with what you mentioned in the question, as that involves
cooperating in sin and transgression. End quote. 

Shaykh ‘Abd al-‘Azeez ibn ‘Abd-Allaah ibn Baaz, Shaykh ‘Abd
al-Razzaaq ‘Afeefi, Shaykh ‘Abd-Allaah ibn Ghadyaan. 

Fataawa al-Lajnah al-Daa’imah,

They were also asked: What is meant by the one who writes
down riba in the hadeeth of Jaabir which was narrated by Muslim, where it
says that the Messenger of Allaah (peace and blessings of Allaah be upon
him) cursed the one who consumes riba and the one who pays it, the one who
writes it down and the two who witness it, and he said: they are all the
same? Is the one who writes down riba the one who recorded it at the time
only, or can it be someone else who has nothing to do with the riba-dealing
institution, except that as an accountant he adds and subtracts figures in
other books, apart from the riba documents, as he is obliged to do that? Is
that accountant regarded as writing down riba, or does this phrase apply
only to the one who writes it down at the time and no one else, and does the
curse not extend to anyone else? 

They replied: The hadeeth of the curse on the one who writes
down riba is general in meaning and includes the writer of the original
document, the one who copies it if it wears out, the one who writes the
figure in accounting books and the accountant who works out the rate of
interest and adds it to the original amount or sends it to the one who
deposited it, and so on. And Allaah is the source of strength; may Allaah
send blessings and peace upon our Prophet Muhammad and his family and
Companions. End quote. 

Fataawa al-Lajnah al-Daa’imah

You should note that the ways of earning halaal provision are
many, so seek and strive, and beware of consuming haraam wealth, for every
body that is nourished from haraam sources, the Fire is more befitting for

We ask Allaah to help and guide us and you. 

And Allaah knows best

From Quran Blog

And important note that we want to discuss and share with you it is about Quran reading and doing Quran recitation online to understand it, Ramadan is the month when the beautiful the Holy Quran has been revealed.  A miracle by the creator of the worlds, Allah (SWT)  Should we not glorify him by reading quran the gift he has sent down for us and learn Arabic Quran by heart  to feel the power of it and we as Muslim should try to learn quran with translation to understand it  wile we do Quran memorization and let our heart fill will tears of glory and wash away our sins in the month of Ramadan many people teach quran  and we should participate in teaching quran as much as we could because it is the noble cause to spread the word of Allah and the quran tutor will get the reword in the day of judgment “Will they not meditate on the Quran, or are there locks on the hearts”, Quran for kids , Surah Muhammad, Verse 24. Here is an interesting tajweed quran reciter where you can listen to quran from top Koran reciters and read the Koran with different translation and plz link to it and share it to promote islam

End from holy Quran reciter blog

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