I am aiming to pursue the ACCA particularly interested in corporate roles rather than audit functions. However, I have concerns as a Muslim especially where interest-based transactions are prevalent. As accountants, we often advise on late payment penalties for trade receivables and provide guidance on cash flow management, which may involve recommending interest-based loans. In tax consulting, there are scenarios where advising on loans can reduce tax liabilities. I am unsure how to align these responsibilities with Islamic values. could you guide me on how to navigate all of this or should switch careers
akhi i am a muslim also trying to become an accountant and i have a question: are there any types of accounting that meet the following requirements and if so which ones are they: - no interest involved - can work from home - lower work hours (basically nothing over 40-45 hours a week)
It depends on each specific role there isn’t a branch of finance or accounting which will 100% meet your criteria - best thing for you is to get a few years experience then go and open your own firm
I am aiming to pursue the ACCA particularly interested in corporate roles rather than audit functions. However, I have concerns as a Muslim especially where interest-based transactions are prevalent.
As accountants, we often advise on late payment penalties for trade receivables and provide guidance on cash flow management, which may involve recommending interest-based loans. In tax consulting, there are scenarios where advising on loans can reduce tax liabilities. I am unsure how to align these responsibilities with Islamic values.
could you guide me on how to navigate all of this or should switch careers
There is a video on my channel called do accountants deal with interest which may help you
@@FehzanMehdican’t find this vid brother
akhi i am a muslim also trying to become an accountant and i have a question:
are there any types of accounting that meet the following requirements and if so which ones are they:
- no interest involved
- can work from home
- lower work hours (basically nothing over 40-45 hours a week)
It depends on each specific role there isn’t a branch of finance or accounting which will 100% meet your criteria - best thing for you is to get a few years experience then go and open your own firm
Assalamualaikum.
Is accounting job halal.
If you work with interest then no. But there are roles where you don’t have to work with interest