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The question

What is the ruling on contributing to the purchase of shares in a company under establishment, when it is not known whether its transactions will be clean or not?

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

Shares of companies are divided into two types: shares in permissible companies (such as manufacturing and construction), and it is permissible to invest in them provided they are free from usury. The second type is shares in impermissible companies (such as usurious banks and commercial insurance companies), and it is not permissible to invest in them. Due to the prevalence of the forbidden, whoever wishes to invest in a company must ascertain its activity, sources of funding, and investments, and consult with scholars regarding the ruling on participating in it.

Summarized from the full answer at Ftawy · imported

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
75065
Imported
Translation status
Source text, unreviewed
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