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The question

When is it permissible to sell shares of Etihad Etisalat Company, while ensuring not to fall into any Sharia-prohibited matters?

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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 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

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
62739
Imported
Translation status
Source text, unreviewed
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