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The question

To what extent is it permissible to work in online investment with a company that invests in permissible fields such as oil and real estate, and relies on selling shares with a varied profit system over periods, and pays a 10% commission to the investor when inviting another person to invest?

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

For investment in this company and others to be permissible, several conditions must be met:

1. Its operations must be Islamically permissible.

2. It must not deposit any portion of shareholders' funds in interest-bearing banks to gain and distribute interest.

3. The shareholder's share of the profit must be a known, common percentage.

4. The value of the shares must not be guaranteed by the company, except in cases of transgression or negligence.

If these conditions are met, investment in it is permissible, as is guiding others to it for a known commission.

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
92807
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