What is the ruling on buying shares of non-forbidden companies that require purchase only through banks?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
It is permissible to buy shares of permissible companies through banks. What usurious banks take in return for this is a permissible brokerage fee, because it is in exchange for a permissible act. Sheikh Al-Uthaymeen explained the permissibility of dealing with banks in permissible matters, and that the only forbidden thing is usury, citing as evidence that the Prophet, peace and blessings be upon him, bought from the Jews and accepted their gifts, despite their consumption of ill-gotten gains and their taking of usury.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/18144
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 18144
- 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