Auditing companies and checking interest-based calculations

by Mufti Faisal
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Question:

My brother is a chattered accountant. He makes audit for different companies. He has to check some interest calculations. Is it is allowed in Islam?

Answer:

Bismillahi Taสฟฤlฤ

Assalฤmu สฟalaykum warahฬฃmatullฤhฤซ wabrakฤtuh,

The prohibition attached to a scribe for interest-based transactions in Islฤm revolves around assisting in that transaction being carried out. In an audit, however, an accountant reviews the transactions which have already been conducted and completed. Hence the income from such an audit is permissible.

And Allฤh Taสฟฤlฤ knows best,

Wassalamu สฟalaykum,

Mufti Faisal al-Mahmudi

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