Is buying shares in American companies specializing in computers and pharmaceutical manufacturing through a broker in an interest-based bank permissible or forbidden, and what should be done if it is forbidden?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
Your taking the step to buy shares with usury is impermissible, and you must repent from it. As for your investment in the aforementioned companies with this money, it is permissible under two conditions. It is not permissible to continue opening an account in a bank that deals with usury, and you must repent and seek forgiveness for what has passed.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/48549
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 48549
- 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