How can a man divest himself of shares he bought from an interest-based bank?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
It is not permissible to buy shares of banks or usurious companies, because that involves consuming usury (riba). The Messenger of Allah (peace and blessings be upon him) cursed the one who consumes usury and the one who feeds it. Whoever has bought such shares must repent and sell them. He is entitled only to his principal capital, and any excess should be spent on charitable causes. As for someone who is compelled to take the full amount, he must keep his principal capital and donate the usurious profits to good causes.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/18270
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 18270
- 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