What is the jurisprudential ruling and the conditions that must be met for trading in the shares of companies that engage in forbidden activities, such as selling and leasing hotels that contain forbidden things, or companies that deal with usurious banks by depositing and borrowing?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
The ruling on purchasing hotel shares has been previously explained in no. 56797 and Fatwa no. 64100.
You may also refer to Fatwa no. 49853 to learn the ruling on purchasing shares of a company that deposits its money in usurious banks, and Fatwa no. 31570 regarding trading in shares in general.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/66552
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- Ftawy
- Original fatwa ID
- 66552
- 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