Is the profit taken from shares bought by the employer in the names of employees without compensation, and then profited, halal or haram?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
It is not permissible to buy shares in a person's name except under two conditions: that the business of the joint-stock company is permissible in principle, and that the company does not deposit any of its capital in prohibited interest-bearing banks.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/72259
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 72259
- 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