What is the ruling on opening an office to mediate for clients who deal in the shares of companies within the American Dow Jones Industrial Average, when the client does not buy a share from a specific company but rather buys a share from this index that includes all of them?
The ruling on opening an office to mediate for clients in purchasing shares depends on the ruling regarding purchasing the shares themselves. If the company does not engage in usury (riba) or prohibited dealings, then opening such an office is permissible. However, if it deals in what Allah has forbidden, then it is not permissible to buy its shares or to open an office for mediation, unless the dealings are exclusively in what is not forbidden. There are conditions for the permissibility of buying shares, which can be referred to in related fatwas.
Summarized from the full answer at Ftawy · reviewed Sep 2, 2026
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