Is it permissible to purchase shares from an Islamic bank if the share value is $110, and these shares are invested in business ventures free from usury (riba), and the profits are distributed to the beneficiaries?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
It is permissible to invest in banks that do not deal with Riba (usury or interest), and the profit resulting from a transaction that is not forbidden is lawful.
Summarized from the full answer at Ftawy · imported
Read the full answer on Ftawyhttps://ftawy.com/en/questions/18022
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- Ftawy
- Original fatwa ID
- 18022
- Imported
- Translation status
- Source text, unreviewed
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