Text copied Link copied

Al-Fatawa – home

﴿ فَاسْأَلُوا أَهْلَ الذِّكْرِ إِن كُنتُمْ لَا تَعْلَمُونَ ﴾

Scholar
Search mode

The Ruling on Participating in Riba-Based Companies

Machine translationRead the Arabic original
Question:
Professor, Honorable Shaykh, is it permissible for me to participate in a joint-stock company that deals in riba (usury or interest) to the extent of five percent, as is said, in terms of loans and the like, and then I take out what is considered riba, five percent or a little more?

Answer:
O my brothers, this opens the door to riba. This fatwa opens the door to riba. This is not permissible. Allah, Mighty and Majestic, said regarding the Jews that they took riba,
And [for] their taking of usury while they had been forbidden from itوَأَخْذِهِمُ الرِّبَا وَقَدْ نُهُوا عَنْهُ
[An-Nisa 4:161]
, so it is not permissible for a Muslim to give riba and say, "I will give it in charity." Giving charity with forbidden money is not permissible. It is not permissible; whether the riba is little or much, it is the same in sin and prohibition. It is reported in the hadith that one dirham is more severe
thirty-sixمن ست وثلاثين
in the Fire than thirty-six dirhams in the Fire, even with the ugliness of fornication. The matter is not understood; the matter of riba is that the one who does it is a warrior against Allah and His Messenger, by the explicit text of the Qur'an.
Is it not permissible to open these doors and issue these non-integrated fatwas? This matter is not permissible. One must stop some of the ears.
Source الاكتتاب في شركة مساهمة تتعاطى الربا — alfawzan.live

The Arabic text is a machine transcription of the audio recording.

Flag this fatwa