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The question

Is subscribing to shares offered by stock markets permissible or impermissible?

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Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

Shares represent a portion of a company's capital and are divided into two types: shares in prohibited institutions or those whose earnings are unlawful, such as usurious banks. These are unlawful based on the Almighty's saying: "And cooperate in righteousness and piety, but do not cooperate in sin and aggression." The second type is shares in permissible institutions, such as legitimate trade and industrial companies. These are permissible, provided there is no harm or excessive ignorance, because their profit comes from lawful earnings.

Summarized from the full answer at Ftawy · imported

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
32093
Imported
Translation status
Source text, unreviewed
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