Fatwa ID: 07489
Answered by: Maulana Sheik Abdel Ahaad Imrit
Question
If someone works for a company that pays 10% of their employee’s salary in stocks of the company, but the company’s stock is not Shariah compliant because 5% or more of the profit is from riba, what can the employee do?
Sell the stock immediately? In that case, would he have to do tasadduq of the 5%?
In the name of Allah, the Most Gracious, the Most Merciful
Answer:
Mufti Taqi Uthmani has laid out four main principles:
- The company must be halal and comply with Shariah principles.
- The company should have acquired its fixed assets already.
- If the main business is halal, but the company engages in activities such as borrowing on interest or placing funds in interest-bearing accounts, it is the responsibility of a Muslim shareholder to voice opposition to these practices during the company’s annual general meeting.
- When receiving dividends, the shareholder must calculate the portion of the company’s profit that comes from interest-bearing accounts. The corresponding portion of their own dividend should then be given to those eligible to receive Zakah.
Only Allah knows best.
Written by Maulana Sheik Abdel Ahaad Imrit
Checked and approved by Mufti Mohammed Tosir Miah
Darul Ifta Birmingham
«الفقه الإسلامي وأدلته للزحيلي» (4/ 2999):
«- أن يكون التصرف مباحاً شرعاً: فلا يجوز التوكيل في فعل محرم شرعاً، كالغصب أو الاعتداء على الغير.»
«الفتاوى العالمكيرية = الفتاوى الهندية» (4/ 333):
«[الْبَاب الثَّانِي وَالْعُشْرُونَ فِي الْمُضَارَبَةِ بَيْنَ أَهْلِ الْإِسْلَامِ وَأَهْلِ الْكُفْرِ]
(الْبَابُ الثَّانِي وَالْعُشْرُونَ فِي الْمُضَارَبَةِ بَيْنَ أَهْلِ الْإِسْلَامِ وَأَهْلِ الْكُفْرِ) . إذَا دَفَعَ الْمُسْلِمُ إلَى النَّصْرَانِيِّ مَالًا مُضَارَبَةً بِالنِّصْفِ فَهُوَ جَائِزٌ إلَّا أَنَّهُ مَكْرُوهٌ، فَإِنْ اتَّجَرَ فِي الْخَمْرِ وَالْخِنْزِيرِ فَرَبِحَ جَازَ عَلَى الْمُضَارَبَةِ فِي قَوْلِ أَبِي حَنِيفَةَ – رَحِمَهُ اللَّهُ تَعَالَى – وَيَنْبَغِي لِلْمُسْلِمِ أَنْ يَتَصَدَّقَ بِحِصَّتِهِ مِنْ الرِّبْحِ»
«تكملة حاشية ابن عابدين = قرة عيون الأخيار تكملة رد المحتار ط الفكر» (8/ 463):
«إِذا دفع الْمُسلم إِلَى النَّصْرَانِي مَالا مُضَارَبَة بِالنِّصْفِ فَهُوَ جَائِز إِلَّا أَنه مَكْرُوه، فَإِن اتّجر فِي الْخمر وَالْخِنْزِير، فربح جَازَ على الْمُضَاربَة فِي قَوْلِ أَبِي حَنِيفَةَ رَحِمَهُ اللَّهُ تَعَالَى، وَيَنْبَغِي للْمُسلمِ أَن يتَصَدَّق بِحِصَّتِهِ من الرِّبْح.»
[Islam Aur Jadeed Ma’aashi Masaail, (Vol3 Pg24)] Idaarah Islaamiyaat
[Fatawa Darul Uloom Zakariyya, (Vol5 Pg225-228) Zam Zam Publishers
