What is the ruling on subscribing to a company that invests in real estate, industrial, and agricultural sectors, manages institutional funds, provides studies and consultations, brokers lending and borrowing, trades securities, offers Ijara-based financing, provides loans to others, deals in the foreign exchange and precious metals markets, owns intellectual property rights, and establishes and manages investment funds?
This company combines lawful and unlawful activities. Among its forbidden actions are issuing interest-bearing bonds, intermediating in interest-based lending and borrowing operations, and owning and purchasing shares of companies whose core business is unlawful. This is sufficient to prohibit subscribing to it.
Summarized from the full answer at Ftawy · reviewed Sep 2, 2026
Read the full answer on Ftawyhttps://ftawy.com/en/questions/70482