Is it permissible to trade shares of foreign companies that produce permissible goods (halal) and do not deal with Islamic banks, through an Islamic broker, while disposing of the usurious portion of the profit?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
It is not permissible to contribute to companies that deposit their money in usurious banks, because that involves dealing with and being content with usury. Therefore, the fact that the company's original dealings are in permissible things, or that it intends to dispose of the usurious interest, is not a justification for contributing to it.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/48950
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 48950
- 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