What is the ruling on buying shares in a government institution whose work does not involve riba (usury or interest), but which deals by depositing its funds in banks that deal in riba (usury or interest)?
Machine translationRead the Arabic original
The questioner : A questioner asks: What is the ruling on buying shares in a government institution whose work does not involve riba (usury or interest), but which deals by depositing its funds in banks that deal in riba (usury or interest)?
The Shaykh : As long as the outcome is that it deals with banks that deal in riba (usury or interest), it is not permissible to buy such shares, because the matter is as he (peace and blessings be upon him) said, not in this specific context: Yes.
The Shaykh : As long as the outcome is that it deals with banks that deal in riba (usury or interest), it is not permissible to buy such shares, because the matter is as he (peace and blessings be upon him) said, not in this specific context:
