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﴿ فَاسْأَلُوا أَهْلَ الذِّكْرِ إِن كُنتُمْ لَا تَعْلَمُونَ ﴾

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How should one deal with the profits from shares that are forbidden?

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Question : The questioner says: A person bought shares in one of the banks, and after a while he discovered that it is forbidden, and he wants to get rid of the profit that came to him from these shares. So how can he spend the profit that came to him?

Answer : It is well known that participating in banks is forbidden because it is participation in riba (usury or interest), and riba is among the greatest of major sins. Allah, Blessed and Exalted is He, said:
O you who have believed, do not consume usury, doubled and multiplied, but fear Allah that you may be successful.يَا أَيُّهَا الَّذِينَ آمَنُوا لَا تَأْكُلُوا الرِّبَا أَضْعَافًا مُّضَاعَفَةً وَاتَّقُوا اللَّهَ لَعَلَّكُمْ تُفْلِحُونَ
[Ali 'Imran 3:130]
And Allah, Blessed and Exalted is He, said:
(278) O you who have believed, fear Allah and give up what remains [due to you] of interest, if you should be believers. (279) And if you do not, then be informed of a war [against you] from Allah and His Messengerأَيُّهَا الَّذِينَ آمَنُوا اتَّقُوا اللَّهَ وَذَرُوا مَا بَقِيَ مِنَ الرِّبَا إِن كُنتُم مُّؤْمِنِينَ فَإِن لَّمْ تَفْعَلُوا فَأْذَنُوا بِحَرْبٍ مِّنَ اللَّهِ وَرَسُولِهِ
[Al-Baqarah 2:278-279]
What sin, other than shirk (associating partners with Allah), is like this sin, such that its perpetrator, may Allah protect us from it, is declared at war with Allah and His Messenger? For this reason, Allah the Exalted guided the human being when he wishes to repent from this sin, saying: "And if you repent"
you may have your principal - [thus] you do no wrong, nor are you wronged.فَلَكُمْ رُءُوسُ أَمْوَالِكُمْ لَا تَظْلِمُونَ وَلَا تُظْلَمُونَ
[Al-Baqarah 2:279]
. Allah, Glorified and Exalted is He, made it clear that the one who repents from riba is to take only the principal of his capital, and it is not permissible for him to take anything of the riba, whatever the case may be. As for those among the scholars who permit taking some of this riba and giving it in charity, it is said to them: If you want him to give it in charity, let him turn to Allah, for that will not benefit him, because it is forbidden earnings. The Prophet (peace and blessings be upon him) said: "Indeed, Allah is Pure and does not accept anything but what is pure." And if you want him to take this profit to give it in charity or spend it in other public interests to get rid of its evil, then this is also not correct. First, because it contradicts the guidance of Allah, Mighty and Majestic, where He said: "If you repent, then yours is the principal of your capital," and He did not say: "Take the riba and benefit from it in public interests." Rather, He said:
and give up what remains [due to you] of interest, if you should be believers.وَذَرُوا مَا بَقِيَ مِنَ الرِّبَا إِن كُنتُم مُّؤْمِنِينَ
[Al-Baqarah 2:278]
Also, a person may take this earnings in order to get rid of it by spending it in public interests, but because of its large amount, his soul refuses to spend it in these interests. Then he remains in a great struggle with himself, which may overcome him, and he stops at the prohibited thing. Then we say: What is the benefit of him taking it and then spending it? So if he wants safety, he should not take it at all, because it is not reasonable to say to a person: "Disobey Allah and then repent." Rather, we say to him first: "Do not disobey Allah." And if he takes it with the intention of getting rid of it, does everyone who sees him taking this forbidden riba know that he will spend it and get rid of it? Not everyone knows that, so he falls into the suspicion of the Muslims, or falls into something worse than suspicion, which is that people follow his example and take this riba and do not spend it as this one who claims he wants to get rid of it does.
Also, if he takes it, he will be before these usurers, especially if they are non-Muslims, violating the sanctity of Allah, Glorified and Exalted is He, regarding this riba, and they do not know about it. And they will find an entry point to attack the Muslims, since riba is forbidden among the Jews, as Allah the Exalted mentioned in the Qur'an. So if they see that the Muslims themselves are taking the forbidden, no doubt they will attack the Muslims. Therefore, it is obligatory for the Muslim to not take these profits. If someone says: "If you leave it to them, they may spend it in missionary interests or spend it in a war declared against the Muslims," we say: They will support the interests they call missionary, and they will support the war against the Muslims with their money, whether we give them this or not. And if we are right in that we do not want them to take this riba and make it a convention against us, then we do not give it to them at all. And let us, the Muslims, strive to establish Islamic entities that develop these great, abundant funds among the Muslims through lawful means, such as establishing a development fund through Islam. And by this, we are safe from these riba funds, and
Source دروس وفتاوى المسجد الحرام لعام 1406هـ - 1 — binothaimeen.net (39:51)

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

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