What is the Shar'i ruling on the relationship between me and my employer, taking into account his purchase of shares in well-known companies using my card and his profit therefrom, then giving me a portion of this profit after deducting the larger part for himself, knowing that I am indebted to him, and I have spent the amount he gave me?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
Trading in shares is permissible under two conditions: that the company's business is permissible, and that it does not deposit any of its capital in usurious banks. As for registering or subscribing to companies in someone else's name, if it is for a fee, it is permissible. If it is without a fee, it is permissible if the company's regulations and bylaws allow it.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/72018
Where this answer came from
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- Ftawy
- Original fatwa ID
- 72018
- 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