Is it permissible to sell shares of a company that deposits its money in a Riba-based bank to a relative who is aware of that, and how can one dispose of these shares?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
It is not permissible to buy shares in a company that deposits its money in usurious banks for interest. These shares must be disposed of by returning them to the company and taking back the capital and its profits from the permissible return. As for the returns from unlawful investments, they must be disposed of by spending them on charitable 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/72630
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 72630
- 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