Is buying shares in a telecommunications company whose business operations involve some questionable aspects (such as competitions based on text messages and investing a portion of its profits in interest-bearing bonds), with a premium conditioned on purchase, a reduction in the purchase price, and a guarantee from another shareholder covering losses, permissible or forbidden? If it is forbidden, what should I do with repentance? Should I sell the shares? If I sell them, am I obligated to give the entire proceeds to the poor, or should I deduct the premium value and give the remainder to the poor?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
This question has been answered in No.: 63843.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/64772
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 64772
- 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