Is it permissible to invest in a company for energy and electricity production, whose concept is based on buying shares for a period of three months, after which the capital is not refunded, and profits are distributed daily at a rate of 2% after deducting costs, knowing that the profits may cover the capital and more?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
It is permissible to invest in the energy and electricity sector, provided that the company's shares are pure () and do not involve usury (riba). There is no objection to purchasing company shares and benefiting from their returns. However, the share must not cease to be owned by its owner. If the company allows individuals to participate, it is permissible, provided that the company's capital is known and the profit share is known. There is no harm in setting a specific duration for the participation. However, seizing the participant's capital is null and void. As for Forex trading, it is not free from prohibitions.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/17306
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- Ftawy
- Original fatwa ID
- 17306
- 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