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Is it permissible for the agent of a waqf (endowment) for the sacrificial animal (adha) to place the endowment in a joint-stock company in order to sacrifice from its proceeds?

1 min readAlso available in العربية

There is no harm in establishing an endowment (waqf) in a joint-stock company that does not deal in usury (riba), provided it is trustworthy and its proceeds are used for sacrifice (udhiyah).

Summarized from the full answer at Ftawy · reviewed Sep 2, 2026

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