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The question

To what extent is it permissible to purchase shares in Telecom Egypt, and is it permissible to generally buy and sell shares, or is it permissible only to invest in them?

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

It is permissible to trade in shares of companies engaged in lawful activities that do not involve forbidden transactions. However, it is not permissible to buy shares of companies that borrow with usury or deposit money in usurious banks, except when absolutely necessary for safekeeping. To ascertain the nature of the aforementioned company, one can inquire directly about it or review its financial statements.

Summarized from the full answer at Ftawy · imported

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
17614
Imported
Translation status
Source text, unreviewed
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