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The question

Is it permissible to buy shares in companies like Apple, Google, and BMW?

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

The original ruling is that buying shares is permissible, subject to conditions: that the company's activity be permissible, and that it not deposit its funds in interest-based banks. The resolution of the Islamic Fiqh Academy stipulated the impermissibility of investing in companies whose primary purpose is forbidden, or if some of their transactions involve usury, with the buyer's knowledge of that, because the buyer is considered a partner in usury.

Summarized from the full answer at Ftawy · imported

Read the full answer on Ftawy
Source platform
Ftawy
Original fatwa ID
159045
Imported
Translation status
Source text, unreviewed
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