What is the ruling about having shares in companies and banks’?
Tag: forbidden wealth
Profits from selling shares in interest-based company
I had shares in a company that went bankrupt 25 years ago. The representatives of the company bought shares, with the remainder of the money, in Riyad Bank back then (i.e. 25 years ago).
Life insurance policy
In your opinion, what is the Sharee’ah ruling regarding life insurance?
Dealing with insurance companies
What is the ruling regarding dealing with insurance companies which insure [our] wealth and cars, bearing in mind they say their operations are Sharee’ah compliant?
Paying a bribe to get the job done
What is the ruling regarding paying a bribe in order for a person to get his job done?
The paying of a bribe
Is the paying of a bribe permissible?
Using ribaa funds for good causes
I had shares in a bank which deals with ribaa, and then I sold them and earnt a profit. And now, some time has passed and I do not know what to do with it (the profit). So what do you advise me with?
The ruling regarding the salary of bank employees
Is the salary which the employees of banks in general receive, and Arab banks specifically, halaal or haraam, since I have heard that it is haraam because the banks deal with ribaa in some of their…
Trading in cigarettes
What is the Islaamic ruling regarding one who trades in cigarettes which are sold under licence from the cigarette company?
Having shares in the Saudi-American Bank
Advise us, may Allaah increase you in knowledge, about the ruling of having shares in the Saudi-American Bank. Is it ribaa, since it trades in interest and is based upon interest, as we know?