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The question

What is the ruling on borrowing through Tawarruq to pay car installments and buy shares, and what is the ruling on the money invested in shares after paying off the loan, whether it profits or loses?

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Source: FtawySummary from Ftawy's records · added here Sep 2, 20261 min readAlso available in العربية
The answer

One must repent to Allah from borrowing with usury, as it is one of the major sins. There is no harm in investing money obtained from Tawarruq in buying shares or other assets, and any profits generated therefrom are lawful, provided that the investment in shares adheres to the necessary -compliant regulations.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
82176
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.
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Read the full answer on Ftawy