What is the ruling on the wages of employees and their share of the profits of a telecommunications company that deposits its cash surplus in banks in exchange for interest?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
If the company's work involves permissible matters according to , then there is no objection to working for it, and the earned wage is lawful. As for the profits, whatever portion of them comes from permissible activities (such as telecommunications) is lawful, but whatever portion comes from usurious bank interest is unlawful and must be avoided.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/45516
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 45516
- Added here
- . This is when the answer was added to El Fatwa, not the fatwa's date.
- Text
- Summary from Ftawy's records, reviewed by El Fatwa's sharia committee.
- Read the full ruling
- Read the full answer on Ftawy