What is the ruling of Sharia on purchasing shares in a foreign company?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
A share is a specific portion of a company's capital, representing the shareholder's stake in it, and its value is equal. It is permissible to buy and sell shares, provided that one avoids companies that sell prohibited goods, usurious banks, or placing share funds in usurious banks. It is not permissible to invest in companies that deal with usury or commercial insurance companies, due to their involvement with (excessive uncertainty), jahalah (ignorance regarding the subject matter), and usury.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/18221
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 18221
- 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