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The question

Is buying shares from a bank in installments and then selling them for less than the purchase price considered usury (riba)?

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

It is not permissible to buy shares from an interest-based (riba-based) bank, nor is it permissible to deal with it at all. However, if the bank operates according to the rulings of Islamic , then there is no objection to buying and selling shares from it, provided there is no other impediment.

Summarized from the full answer at Ftawy · imported

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
52922
Imported
Translation status
Source text, unreviewed
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