QUESTION: Is it permissible to invest in a company, wich deals with interest, even though the main source of income is halal ?I don’t mean by dealing with interest, that they have a business like a bank. But today almost every company has to deal with some form of interest
QUESTION: Is it permissible to invest in a company, wich deals with interest, even though the main source of income is halal ?I don’t mean by dealing with interest, that they have a business like a bank. But today almost every company has to deal with some form of interest
20Dec
ANSWER:
When a person invests in a company, he is a partner in it.
Therefore, if they deposit money in a bank and take interests or finance their projects by borrowing from interest based banks, this is not permissible and one must not invest in such companies.
QUESTION: Is it permissible to invest in a company, wich deals with interest, even though the main source of income is halal ?I don’t mean by dealing with interest, that they have a business like a bank. But today almost every company has to deal with some form of interest