What is the ruling on an investment portfolio that buys and sells shares in Islamic companies, grants profits every six months, and deducts 2% upon early withdrawal? And is it obligatory to investigate further into its field of work?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
Participation in investment funds requires several conditions to be met: the profit must be a common share, not a fixed amount; the capital must not be guaranteed; the company's activities must be permissible; it must not deposit its money in interest-based banks; and the capital must not bear more than the actual expenses necessary for the (profit-sharing partnership). If these conditions are not met, participation in them is not permissible.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/73720
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 73720
- 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