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The question

What is the ruling on subscribing to SEDCO Capital REIT, which is involved in real estate activities?

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

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.

Summarized from the full answer at Ftawy · imported

Read the full answer on Ftawy
Source platform
Ftawy
Original fatwa ID
169848
Imported
Translation status
Source text, unreviewed
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