What is the meaning of "daily transactions," what is the ruling on dealing in stocks, is it like a bank deposit, and how can one get rid of usurious increments?
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As for stocks, it is not permissible to purchase shares of companies whose activities are permissible but that borrow with interest (riba), because one of the conditions for the permissibility of investing in shares is that the company must not lend or borrow with interest. Purchasing shares is not like a regular bank deposit. It is not permissible to deposit money in interest-based banks, even with the intention of disposing of the forbidden interest. If someone does so out of ignorance, they must cease and dispose of the interest for the general welfare of Muslims or give it to the poor.
Summarized from the full answer at Ftawy · reviewed Sep 2, 2026
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