What are the percentages of the mentioned profits that are permissible (halal), and is it permissible to donate the impermissible (haram) portion for building health facilities for a mosque?
Some elements of the question are vague and cannot be judged without clarifying their true nature, such as unearned income for employees whose services have ended, and profits from revaluing stocks and financial portfolios.
Profits realized from investing in or selling shares of a telecommunications company are permissible () if they meet the conditions; otherwise, they are forbidden ().
Profits realized from investing in financial portfolios with guaranteed principal are forbidden (haram) because guaranteeing the principal makes them usurious portfolios.
Bank interest and loan assignment interest are forbidden (haram) because they are usury (riba).
Whatever of these forbidden interests must be spent on the welfare of Muslims, such as the poor and the needy. It is permissible to give it to poor relatives if their maintenance is not obligatory for you or if you do not have the means to spend on them.
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- Source platform
- Ftawy
- Original fatwa ID
- 77225
- Imported
- Translation status
- Source text, unreviewed
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