What is the ruling on subscribing to the shares of Halawani Bros Company?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
Halwani Bros. Co. is a mixed company whose original activity is permissible, but it engages in usurious transactions, which makes investing in it prohibited according to most contemporary scholars, and the shareholder becomes a partner in sin. Sheikh Muhammad bin Saud Al-Osaimy issued a prohibiting subscribing to it due to its borrowing of usurious loans and obtaining usurious facilities.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/17757
Where this answer came from
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- Ftawy
- Original fatwa ID
- 17757
- 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