What is the ruling on subscribing to SEDCO Capital REIT, which is involved in real estate activities?
Source: FtawySummarized from the full answer at Ftawy · imported 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.
Summarized from the full answer at Ftawy · imported
Read the full answer on Ftawyhttps://ftawy.com/en/questions/169848
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- Original fatwa ID
- 169848
- Imported
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- Source text, unreviewed
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