Is it permissible to invest in "Sharia-compliant" American companies, based on the screening of "Jaber Naffa'," in an attempt to compensate for losses in the Saudi stock market?
The questioner is thanked for his eagerness to seek what is lawful. There is no harm in his efforts to compensate for losses and invest his money, but he must search for legitimate means that are free from doubt. Buying and trading shares in international companies is permissible only if the company's activity is permissible and if the company does not deposit shareholders' money in usurious banks. The fulfillment of these two conditions in international companies is rare due to their disregard for Sharia compliance. Contributing to companies that deal with usury, both receiving and giving, is considered a contribution to a forbidden usurious act.
Summarized from the full answer at Ftawy · reviewed Sep 2, 2026
Read the full answer on Ftawyhttps://ftawy.com/en/questions/177000