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The question

Is it permissible to contribute to a project supporting the stock market with money that will not be recovered until after at least one year, and with profits?

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Source: FtawySummary from Ftawy's records · added here Sep 2, 20261 min readAlso available in العربية
The answer

It has been previously explained that it is impermissible to invest project funds in prohibited companies and usurious banks. Shareholders must stipulate this. There is no objection to specifying the investment period as one year. Profits should be distributed according to the agreement, and losses, without negligence, should be borne by the capital. The project managers do not guarantee the shareholders' funds, as they are trustees. The contract must be a legitimate (profit-sharing partnership).

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
115703
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.
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Read the full answer on Ftawy