What is the ruling on dealing in bank shares, and if they are unlawful, is it permissible to sell them and benefit from the cash?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
It is not permissible to buy shares of companies that deal in usury, whether through lending or borrowing. If a person buys shares of a company and then learns that it deals in usury, he must withdraw from it. The prohibition of usury is clear in Islamic law, and buying shares of usurious companies means that the buyer participates in usurious dealings, as the share represents a part of the company's capital, and the shareholder owns a common share in the company's assets. If buying these shares is prohibited, then selling them is also prohibited.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/72469
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 72469
- 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