Are there any 100% purely Sharia-compliant and completely unmixed stocks on the Malaysian and Indonesian stock exchanges?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
It is not possible to specify a particular company's shares, but trading in shares is permissible under two conditions: that the company's activity is Islamically permissible, and that it does not deposit its money in interest-based banks. If these two conditions are met, then there is no objection to investing in its shares.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/166108
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 166108
- Added here
- . This is when the answer was added to El Fatwa, not the fatwa's date.
- Text
- Summary from Ftawy's records, reviewed by El Fatwa's sharia committee.
- Read the full ruling
- Read the full answer on Ftawy