My question is that can I be business owner and is it permissible for me if the state requires me to do the following:
1 - Pay Taxes
2 - Pay compulsory insurance such as workplace insurance, employees insurance
3 - Be part of a Social Security fund and as a employer contribute and have the employees contribute and then at a certain age you can withdraw? And they invest in some service or product?
Whats the ruling on each of them?
Jazak Allahu Khairan
Assalam u Alaikum Wa Rahmatullah,
Yes you can be a business owner and it is not only permissible to pay taxes but if it is required then you must pay taxes. If you are going to invest funds in some ventures then you have to make sure that the companies where you invest your money is not involved primarily in Haram business.
And Allah knows best.
Mufti Ikram ul Haq
Fatwa Center of America