Is it forbidden to purchase shares in NileSat satellite company?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
It is impermissible to purchase shares in a company or institution that does not adhere to Islamic regulations and accepted norms in its activities, nor acknowledges good nor condemns evil, in addition to not engaging in Riba (usury) through lending or borrowing.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/58102
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 58102
- 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