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The question

Is it permissible to sell shares of a company that deposits its money in a Riba-based bank to a relative who is aware of that, and how can one dispose of these shares?

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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 permissible to buy shares in a company that deposits its money in usurious banks for interest. These shares must be disposed of by returning them to the company and taking back the halal capital and its profits from the permissible return. As for the returns from unlawful investments, they must be disposed of by spending them on charitable causes.

Summarized from the full answer at Ftawy · imported

Read the full answer on Ftawy
Source platform
Ftawy
Original fatwa ID
72630
Imported
Translation status
Source text, unreviewed
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