What is the ruling on selling the SABIC company shares owned by my father and uncle after their value has doubled, knowing that there is a suspicion of usury in the company's dealings, and how can these shares be disposed of along with liquidating the profits?
Whoever owns shares in mixed companies that deal with must sell them. If he was aware of the prohibition, he must dispose of the prohibited amount by spending it on charitable causes. If he was unaware, he may benefit from the money.
The Permanent Committee for Issuing Fatwas has issued a prohibiting investment in companies that deal with usury. Whoever has previously invested in them must sell his shares and spend the usurious profit on good deeds.
Dr. Muhammad Al-Osaimi also issued a fatwa that whoever was unaware of the presence of usury in his shares should sell them and benefit from their price without purification, while purifying the previous profits that were not collected for one year.
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