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The question

Is buying shares in a telecommunications company whose business operations involve some questionable aspects (such as competitions based on text messages and investing a portion of its profits in interest-bearing bonds), with a premium conditioned on purchase, a reduction in the purchase price, and a guarantee from another shareholder covering losses, permissible or forbidden? If it is forbidden, what should I do with repentance? Should I sell the shares? If I sell them, am I obligated to give the entire proceeds to the poor, or should I deduct the premium value and give the remainder to the poor?

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Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

This question has been answered in No.: 63843.

Summarized from the full answer at Ftawy · imported

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
64772
Imported
Translation status
Source text, unreviewed
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