Q 1: What is the ruling
on holding shares in Al-Qasim Agricultural Company
and does it deal in Riba (usury/interest)?
A:
It is Haram (prohibited) to hold shares in any company that is confirmed to be dealing in Riba, whether by taking or giving it, as this involves cooperation in sin and transgression. Allah (Exalted be He) says:
Help you one another in Al-Birr and At-Taqwâ (virtue, righteousness and piety); but do not help one another in sin and transgression. And fear Allâh. Verily, Allâh is Severe in punishment.
As to whether the company you mentioned deals in Riba, we do not know anything about it at present. May Allah grant us success. May peace and blessings be upon our Prophet Muhammad, his family, and Companions.
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