Is it permissible to invest in a company that primarily engages in Halal activities but has minor Haram elements, such as receiving interest income?
Is it permissible to invest in a company that primarily engages in Halal activities but has minor Haram elements, such as receiving interest income?
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
If the income of the company is a mixture between lawful and unlawful, then we must avoid investing in such company. Receiving interest from non Muslim banks is not considered unlawful according to many Muslim scholars.
Wassalam.