What is the ruling on dealing in the shares of Alexandria Company for Real Estate Investment and Tourism, buying and selling, on the Cairo Stock Exchange, knowing that it operates in various real estate investment fields and has five subsidiaries working in real estate finance, hotels, and tourism services?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
We cannot rule on dealing with the aforementioned company due to insufficient information. However, in general, it is permissible to deal with companies and purchase their shares if they do not engage in forbidden activities, produce or sell forbidden goods, do not deal with usury through banks, and do not have forbidden activities. If any of these conditions are not met, then dealing with the company is forbidden.
Summarized from the full answer at Ftawy · imported
Read the full answer on Ftawyhttps://ftawy.com/en/questions/82527
- Source platform
- Ftawy
- Original fatwa ID
- 82527
- Imported
- Translation status
- Source text, unreviewed
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- Read the full answer on Ftawy