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The question

To whom is it permissible to sell the shares mentioned in Fatwa No.: (18270), to a Muslim or a non-Muslim, and what should be done in this situation?

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

Contracts related to unlawful matters are void, including the purchase of shares in companies involved in prohibited activities. Whoever has bought such shares must dispose of them. If the company acknowledges the invalidity of the purchase and returns the money, the shareholder may reclaim their capital, and they must donate all the surplus. However, if the company does not acknowledge it, or if its shares are public and cannot be disposed of except by selling them in the market, then it is preferable to sell them to get rid of the sin, as this is easier than holding onto them.

Summarized from the full answer at Ftawy · imported

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
17346
Imported
Translation status
Source text, unreviewed
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