What is the ruling on subscribing to "Petrochem" after the subscription has already taken place?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
The question should be asked before acting. We cannot judge the company in question because we have not reviewed its system. Its regulations must be examined to determine the extent of its adherence to guidelines. If the company engages in permissible commercial activity, then it is permissible to subscribe to it and trade its shares, provided that it does not deposit its funds or invest them in usurious banks. Otherwise, it is not permissible to trade its shares, for Allah Almighty says: "And do not cooperate in sin and aggression."
Summarized from the full answer at Ftawy · imported
Read the full answer on Ftawyhttps://ftawy.com/en/questions/101770
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 101770
- Imported
- Translation status
- Source text, unreviewed
- Read the full ruling
- Read the full answer on Ftawy