What is the jurisprudential ruling on participating in investment units belonging to banks, knowing that they invest funds in: shares and securities related to shares of publicly traded joint-stock companies, shares in limited liability companies, public debt instruments issued by the government and public institutions, bonds issued by registered operating joint-stock companies, deposits and bank certificates of deposit, and other mutual investment funds?
It is not permissible to participate in investment units that invest in debts, loans, usurious bank deposits, or bank certificates of deposit; because it is a clear usurious transaction. Similarly, it is not permissible to invest in the shares of joint-stock companies that engage in prohibited activities or deal with usury, whether lending or borrowing.
Summarized from the full answer at Ftawy · reviewed Sep 2, 2026
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