Becoming a financial 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)
Where scholars differ, it’s safer to take the more cautious view.
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Source: Mufti Online — Madrasah Ta'leemuddeen — https://muftionline.co.za/node/24310
Fatawa SA: https://fatawa.co.za/fatwa/muftionline-24310
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