What is the ruling on subscribing to the shares of Halawani Bros Company?
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 fatwa prohibiting subscribing to it due to its borrowing of usurious loans and obtaining usurious facilities.
Summarized from the full answer at Ftawy · reviewed Sep 2, 2026
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