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 1 year 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.