Is buying investment certificates from an investment bank, knowing that the profit margin after 10 years is 300%, considered usury (riba) and forbidden? And what is the way to invest this money if trade is not feasible?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
Investment certificates issued by usurious banks and institutions are forbidden, and one must repent from them and withdraw the capital paid to the bank. As for the profits, they must be disposed of by spending them on the poor and charitable causes. Ignorance of investment methods does not permit engaging in usury. Among the permissible investment methods is (profit-sharing) with money, according to its legitimate conditions.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/130285
Where this answer came from
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- Ftawy
- Original fatwa ID
- 130285
- 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