I'm working in software development company which focus on developing softwares for 'Derivatives & commodities Back office solutions

In the name of Allah, Most Gracious, Most Merciful

Assalaamu `alaykum waRahmatullahi Wabarakatoh

The ruling regarding working in the software development company mentioned in the query will depend on the nature of the company:

· If the sole purpose of the company is to develop software for Banks and other unislamic financial institutes, then it will be haraam (impermissible) to work for such a company.

· If the company develops all kinds of software and also develops software for banks and other unislamic financial institutions, then it will makrooh tahrimi (very undesirable) to work for such a company.

(Jawahir al-Fiqh Vol.2 Pg.459-462 – Maktaba Dar al-Uloom Karachi)

In both cases, it will be advisable to look for another job which is Shari’a compliant. However, you could continue with your present job until you find a suitable job and keep repenting to Allah Ta’ala for being involved in something impermissible.

And Allah knows best

Wassalam

Ml. Abu Yahya,
Student Darul Iftaa

Checked and Approved by:

Mufti Ebrahim Desai
Darul Iftaa