When is it permissible to sell shares of Etihad Etisalat Company, while ensuring not to fall into any Sharia-prohibited matters?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
It is permissible to sell a company's shares once it commences commercial activity, because by doing so, it acquires assets and properties that increase its value. However, before that, it is not permissible to sell them for more than their value, because they are still considered monetary assets, and thus fall under the ruling of usury (riba).
Summarized from the full answer at Ftawy · imported
Read the full answer on Ftawyhttps://ftawy.com/en/questions/62739
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 62739
- Imported
- Translation status
- Source text, unreviewed
- Read the full ruling
- Read the full answer on Ftawy