Back to search
The question

What is the ruling on trading shares of companies that take interest-based loans, such as SABIC and Marine Cables, without taking interest from them?

Share this answer

Source: FtawySummary from Ftawy's records · added here Sep 2, 20261 min readAlso available in العربية
The answer

It is not permissible to trade in shares of companies that lend or borrow with interest (riba), or deposit their money in interest-based banks, or invest their money in unlawful () activities. This applies whether they take interest or not.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

Read the full answer on Ftawy
Where this answer came from
Source platform
Ftawy
Original fatwa ID
50699
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