If a company's core business is Halal but they have interest income reported in their financial statements, is it permissible to buy their shares in the absence of clarity whether that interest income is from bank or lease agreement or from other sources?
If a company's core business is Halal but they have interest income reported in their financial statements, is it permissible to buy their shares in the absence of clarity whether that interest income is from bank or lease agreement or from other sources?
Sayyed Mohammad Al-Musawi, Sayyed Mohammad al-Musawi is originally from Iraq and heads up the World Ahlul Bayt Islamic League in London. Other than being involved in various humanitarian projects, he frequently responds to... Answered 10 months ago
Yes you can buy shares of such company as far as their business activities are lawful according to Islam and you don't know that they take interest from Muslims in usury.
Wassalam.