03-12-2004, 12:51 AM
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First of all Mr.DT i addressed FTG in my reply (who incidently happens to be my friend since last seven years), even if you think that I addressed you then wont you like to anwer my query about halal&haram in acturial sciences.
hoping for a much relevant reply.
Apocalypse
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I dont think my answer would be welcomed, but let me reply to your Halal and Haram question because no one else has...
Yes there is a lot of Haraam stuff in CA, and considering that you pointed out Actuary as well, I presume you must be thinking about the Insurance sector... Different scholars have different opinions on it, so we just can't jump to a conclusion and point out that Insurance is Haraam...
Secondly, Actuaries and CAs don't have to stick to their traditional jobs, such as Audit and Insurance sector respectively... We have a lot of Accountants in Pakistan now working as 'Financial Analysts' and that has always been a specialised job for Actuaries as the Insurance sector in Pakistan is not that huge.
So I guess it depends more on where you want yourself to be.
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sumaan,
yeah i agree, it's a pretty controversial issue about these finance professions and there hasnt been a clear cut stand on the halaal/haram by any scholars too. but all the interest and the tax saving techniques and other financial assurances and consultancies that actuaries and chartered accountants provide must be classified by religious scholars and they must identify what is lawful and what isn't.
are you a student or in the profession? and what field are you into?
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First of all Mr.DT i addressed FTG in my reply (who incidently happens to be my friend since last seven years), even if you think that I addressed you then wont you like to anwer my query about halal&haram in acturial sciences.
hoping for a much relevant reply.
Apocalypse
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I dont think my answer would be welcomed, but let me reply to your Halal and Haram question because no one else has...
Yes there is a lot of Haraam stuff in CA, and considering that you pointed out Actuary as well, I presume you must be thinking about the Insurance sector... Different scholars have different opinions on it, so we just can't jump to a conclusion and point out that Insurance is Haraam...
Secondly, Actuaries and CAs don't have to stick to their traditional jobs, such as Audit and Insurance sector respectively... We have a lot of Accountants in Pakistan now working as 'Financial Analysts' and that has always been a specialised job for Actuaries as the Insurance sector in Pakistan is not that huge.
So I guess it depends more on where you want yourself to be.
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sumaan,
yeah i agree, it's a pretty controversial issue about these finance professions and there hasnt been a clear cut stand on the halaal/haram by any scholars too. but all the interest and the tax saving techniques and other financial assurances and consultancies that actuaries and chartered accountants provide must be classified by religious scholars and they must identify what is lawful and what isn't.
are you a student or in the profession? and what field are you into?
