Becoming a financial advisor

· 18 Jumada I 1439 AH1 min readEnglish
Business and DealingsIjaarahPermissible and Impermissible employmentbusinessemploymentfinancial advisor

Question

I have a question regarding a job as a financial advisor. Is it permissible to be a financial advisor or haram if I am working in a financial institute and NOT the banking sector. I was studying financial advisor mutual fund, when I heard that working as a fianancial advisor in any sector is haram, so I left the study.

Answer

We do not know whether this institution revolves mainly around haraam or not.

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

Answered by
Mufti Ebrahim Salejee (Isipingo Beach)
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