Is the financial transaction conducted by financial institutions that distribute their assets as shares and grant the participant a certain profit from the value of the share (capital) during limited time periods permissible?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
Trading and purchasing company shares are permissible speculative investments under certain conditions. The most important condition is that the profit must be a shared, non-fixed amount. It is also a condition for their permissibility that the company's dealings be lawful and that it does not deposit its funds in interest-based banks.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/53921
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 53921
- 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