Is it permissible to work in the IT helpdesk department in an investment bank?

IT bank job

Question:

Is it allowed to work in an investment bank? my field is IT helpdesk.  I am in a steady job but looking to move and would like to know whether I should consider working in an investment bank (as they pay more).  I will only consider this option if Muslims are allowed to work in such jobs.

For example, the job could be deploying all of the PC’s with a new operating system like Windows 7.

Answer:

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

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

As a principle, when analysing the Shari’ah compliancy of any job, one must examine the nature of the job itself.  If the hours at work are spent in permissible activities, then the job will be permissible.  If the work rendered is impermissible, the job will be impermissible.

A person who works in the IT department of an investment bank is usually in charge of complex computer models, trading platforms, and communications systems.[1]  He has no direct association with the activities and trading of the bank.

According to the principles of Imam Abu Hanīfah (rahimahullah), this does not amount to assisting in sin.  The job itself is free of any sinful transaction and activity.  The job does not have a direct link with the usurious transactions the bank may undertake. [2]  Hence, working in the helpdesk of an investment bank is in itself permissible.

And Allah Ta’āla Knows Best

Mufti Faraz Ibn Adam al-Mahmudi,

www.darulfiqh.com


[1] http://www.insidebuzz.co.uk/what-is-investment-banking.html

[2]  في رد المحتار على الدر المختار

(قَوْلُهُ وَجَازَ تَعْمِيرُ كَنِيسَةٍ) قَالَ فِي الْخَانِيَّةِ: وَلَوْ آجَرَ نَفْسَهُ لِيَعْمَلَ فِي الْكَنِيسَةِ وَيُعَمِّرَهَا لَا بَأْسَ بِهِ لِأَنَّهُ لَا مَعْصِيَةَ فِي عَيْنِ الْعَمَلِ (ج 6 ص 391 أيج أيم سعيد)

 وفي الفتاوى الهندية

مُسْلِمٌ آجَرَ نَفْسَهُ مِنْ مَجُوسِيٍّ لِيُوقِدَ لَهُ النَّارَ لَا بَأْسَ بِهِ. كَذَا فِي الْخُلَاصَةِ. (ج 4 ص 450 دار الفكر)

وفي فتاوى قاضي خان

لو أن مسلما آجر نفسه ليعمل في الكنيسة و يعمرها لا بأس به لأنه لا معصية في عين العمل (ج 3 ص 330 دار الكتب العلمية)

كذا في كتاب الفتاوى ج 5 ص 392 زمزم  

كذا في فتاوى حقانية ج 6 ص 258

About the author:

. Follow him on Twitter / Facebook.

One comment on “Is it permissible to work in the IT helpdesk department in an investment bank?

  1. Salaams Mufti saab,

    I am Alhamdulilah currently studying BSc Buisness and Management at Aston University.

    I am really confused over the islamic ruling on working in an investment company like Morgan stanley. According to your reply in an earlier post by someone, you said it depends on the activity itself.

    So my question is what kind of jobs in an investment company are harm? Is working as a financial analyst at Morgan Stanley harm?

    Please let me know.

    Jazakallah
    Zaid Zoumy

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>