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The question

Is it permissible to invest in Banque Misr's Al-Hosn Fund, which is advertised as an investment fund compliant with Islamic Sharia principles, after reviewing its prospectus?

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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 deal with usurious banks, because it entails assisting them in usury. Allah, the Almighty, says: (And do not cooperate in sin and aggression). As for investing money in funds that adhere to the provisions of Islamic and the recommendations of the Sharia Supervisory Board, it is permissible in principle.

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
95564
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