Back to search
The question

What is the ruling on subscribing to a company that invests in real estate, industrial, and agricultural sectors, manages institutional funds, provides studies and consultations, brokers lending and borrowing, trades securities, offers Ijara-based financing, provides loans to others, deals in the foreign exchange and precious metals markets, owns intellectual property rights, and establishes and manages investment funds?

Share this answer

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

This company combines lawful and unlawful activities. Among its forbidden actions are issuing interest-bearing bonds, intermediating in interest-based lending and borrowing operations, and owning and purchasing shares of companies whose core business is unlawful. This is sufficient to prohibit subscribing to it.

Summarized from the full answer at Ftawy · imported

Read the full answer on Ftawy
Where this answer came from
Source platform
Ftawy
Original fatwa ID
70482
Imported
Translation status
Source text, unreviewed
Read the full ruling
Read the full answer on Ftawy