Back to search
The question

What is the ruling on a commercial establishment that sells tobacco and deals with a bank, in which approximately seventy members participate in varying proportions, and there is no offer and acceptance among all members, and perhaps someone enters whom some members do not desire?

Share this answer

Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

Dealing with tobacco and banks involves several matters: Selling tobacco is forbidden (). Dealing with banks depends on the nature of the transaction and the bank itself. Usurious banks generally do not adhere to , while Islamic banks do. It is not permissible to participate in an institution that sells tobacco and deals with usurious banks, as it includes forbidden (haram) elements. Varying the percentages of partners is permissible if the institution's activity is permissible and profits are distributed according to capital ratios.

Summarized from the full answer at Ftawy · imported

Read the full answer on Ftawy
Where this answer came from
Source platform
Ftawy
Original fatwa ID
59064
Imported
Translation status
Source text, unreviewed
Read the full ruling
Read the full answer on Ftawy