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The question

What is the ruling on contributing to pure companies listed in the clearing center's lists, knowing that these lists were recently issued and pertain to the previous year?

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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 permissible to trade and invest in the shares of pure companies. The Maqasid Center for Economic Consultations, under the supervision of Dr. Muhammad bin Saud Al-Osaimi, is a trusted source for identifying pure and mixed companies. There is no harm in investing in a pure company based on the Center's report for the past year. If it is later discovered that the company deals with usury, purification becomes necessary, but there is no sin on the shareholder.

Summarized from the full answer at Ftawy · imported

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
16505
Imported
Translation status
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