Is it permissible to purchase shares from an Islamic bank if the share value is $110, and these shares are invested in business ventures free from usury (riba), and the profits are distributed to the beneficiaries?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
It is permissible to invest in banks that do not deal with Riba (usury or interest), and the profit resulting from a transaction that is not forbidden is lawful.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/18022
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 18022
- 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