The Ruling on Participating in Riba-Based Companies
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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,[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 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.
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 it
وَأَخْذِهِمُ الرِّبَا وَقَدْ نُهُوا عَنْهُthirty-six
من ست وثلاثينIs 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.
