🔍

Is it permissible to invest in companies that deal with interest?

InterestInvestment
Is it permissible to invest in companies that deal with interest?
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 2 years ago

Investing in companies dealing with interest (Usury) as a source of their income e,g, banks and lending companies etc is not allowed in Islam. Money earned from such companies is unlawful as well.

Wassalam.