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The question

Is it permissible to buy shares from companies that deal in usury, provided that the shares are sold before the distribution of profits, and the profit is only from the share price?

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

It is not permissible to buy shares in companies that deal with usury (riba) or invest in unlawful (haram) activities, even if the intention is to sell them before the distribution of profits. This is based on the Prophet's (peace be upon him) saying: "O people, indeed Allah is good and accepts only what is good," and his saying: "No soul will die until it completes its term and receives its full provision, so fear Allah and be moderate in seeking your livelihood."

Summarized from the full answer at Ftawy · imported

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
145851
Imported
Translation status
Source text, unreviewed
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