What is the ruling on purchasing shares in companies that deal with 5% alcohol, given a previous fatwa permitting the purchase with the extraction of the percentage's value, and another opinion prohibiting the purchase? And what is the correct view in this regard?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
It is impermissible to invest in companies that invest in alcohol for an unlawful purpose. However, if the company's activity is permissible, and it does not deal with usury, and the use of alcohol is for permissible purposes, such as medicine, then there is no objection to investing in it.
Summarized from the full answer at Ftawy · imported
Read the full answer on Ftawyhttps://ftawy.com/en/questions/181912
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 181912
- Imported
- Translation status
- Source text, unreviewed
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