What is the ruling on subscribing to SEDCO Capital REIT, which is involved in real estate activities?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
It is not possible to rule on the permissibility of purchasing shares of a specific company without reviewing its regulations and activities. Two conditions are required for the permissibility of dealing in shares: that the company's work be Islamically permissible, and that the company does not engage in anything forbidden, such as usury (riba). If these two conditions are met in the company, then subscribing to and dealing in its shares is permissible.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/169848
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 169848
- 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.
- Read the full ruling
- Read the full answer on Ftawy