What is the ruling on investing in shares if the brokerage firm deals in both permissible (halal) and impermissible (haram) shares? Is it permissible to take the profit realized from selling shares that were bought through it? And is it permissible to invest in the shares of a company whose activity is permissible (halal) but which deals with usurious (riba-based) loans?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
The company engages in brokering securities without investigating the compliance of its dealings. Thus, it acts as a broker for transactions involving usury (riba) or what is unlawful (), as well as for transactions that do not involve such elements.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/60347
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 60347
- 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