Question Summary:
Job in an insurance company

Question Detail:

I have been offered a job in an insurance company as the Chief Financial Officer (Accountant) which will entail 

Answer :

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

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

Your concern for the permissibility of the job in reference is an expression of your Iman and Allah consciousness. May Allah grant you halal and wholesome income. Aameen.

If you are working as an accountant and you are not directly involved in the insurance transactions, then your job as accountant in the company is permissible. [i]

However, as Muslims we are averse to conventional insurance as it involves interest, gambling and uncertain, all of which are clearly prohibited in Shariah. It is not advisable to work in such an environment. [ii]

And Allah Ta’āla Knows Best

Mirza Mahmood Baig

Student Darul Iftaa

Jeddah, KSA

Checked and Approved by,
Mufti Ebrahim Desai.

[i]   صحيح مسلم (3/ 1219) 

حَدَّثَنَا مُحَمَّدُ بْنُ الصَّبَّاحِ، وَزُهَيْرُ بْنُ حَرْبٍ، وَعُثْمَانُ بْنُ أَبِي شَيْبَةَ، قَالُوا: حَدَّثَنَا هُشَيْمٌ، أَخْبَرَنَا أَبُو الزُّبَيْرِ، عَنْ جَابِرٍ، قَالَ: «لَعَنَ رَسُولُ اللهِ صَلَّى اللهُ عَلَيْهِ وَسَلَّمَ آكِلَ الرِّبَا، وَمُؤْكِلَهُ، وَكَاتِبَهُ، وَشَاهِدَيْهِ»، وَقَالَ: «هُمْ سَوَاءٌ»

[ii]   امداد الاحکام: 4/386-390، کفار جو مال حرام طریقہ سے حاصل کریں اس کا حکم

  You may refer to the following link for some guidelines and beneficial advices by Hadhrat Mufti Taqi Uthmaani Hafizahullaah for accountants.

http://askimam.org/public/question_detail/7872.html