How can a man divest himself of shares he bought from an interest-based bank?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
It is not permissible to buy shares of banks or usurious companies, because that involves consuming usury (riba). The Messenger of Allah (peace and blessings be upon him) cursed the one who consumes usury and the one who feeds it. Whoever has bought such shares must repent and sell them. He is entitled only to his principal capital, and any excess should be spent on charitable causes. As for someone who is compelled to take the full amount, he must keep his principal capital and donate the usurious profits to good causes.
Summarized from the full answer at Ftawy · imported
Read the full answer on Ftawyhttps://ftawy.com/en/questions/18270
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- Original fatwa ID
- 18270
- Imported
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