Is it permissible to invest in permissible stock market companies based on consensus, given the inability to verify whether they deal with interest-based banks?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
As long as you predominantly believe that the dealings of these companies are permissible, based on information from trustworthy people of knowledge, then you may emulate them and rely on their opinion. Consequently, there is no blame upon you for investing your money through these companies.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/154626
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 154626
- 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