Serving as a debt counsellor

Oct 5, 2023 | Employment / Commission

QUESTION:

Is it permissible to have a profession as a debt counselor?

ANSWER:

If debt counsellors assist people by advising them how to control their finances and spend correctly, or they advise them how to negotiate with creditors and enter an agreement to pay their debt over a fixed period, then such counselling is in order. However, if it entails getting involved in interest-bearing transactions or anything impermissible in Shariah, then such counselling will not be permissible.

ALLAH TA’ALA ALONE IN HIS INFINITE KNOWLEDGE KNOWS BEST!

ANSWERED BY:

Mufti Mohammed Desai

Date:- 16 Rabi-ul-Awwal 1445 / Date: 02 October 2023

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