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The question

Is it permissible to buy shares from companies that deal in usury, provided that the shares are sold before the distribution of profits, and the profit is only from the share price?

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

It is not permissible to buy shares in companies that deal with usury (riba) or invest in unlawful () activities, even if the intention is to sell them before the distribution of profits. This is based on the Prophet's (peace be upon him) saying: "O people, indeed Allah is good and accepts only what is good," and his saying: "No soul will die until it completes its term and receives its full provision, so fear Allah and be moderate in seeking your livelihood."

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
145851
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