It is permissible to buy shares


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A: First: It is prohibited to buy any shares in any company that has been proven to deal in Riba either by taking or (Part No. 14; Page No. 300) giving, for this constitutes cooperation in sin and transgression. Allah (Exalted be He) states: 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. Second: Whoever has bought shares in a company dealing in Riba, should sell their shares in this company and spend the interest in acts of charity. May Allah grant us success. May peace and blessings be upon our Prophet Muhammad, his family, and Companions.




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