If someone had bought shares in the cooperative company and wants to get rid of them
Question: 36754
If someone had bought shares in the cooperative company and wants to get rid of them, is it permissible for him to sell them to someone else?.
Praise be to Allah, and peace and blessings be upon the Messenger of Allah and his family.
If he is able to return the shares to the company and take
his money, he should do that, because the transaction was invalid, and he
should get rid of any money that is more than he paid for them originally.
If he is not able to do that, then some scholars have issued
fatwas stating that it is permissible to sell them on the stock market, and
to get rid of any extra money so that one will no longer be a partner in the
work of this haraam company.
Source:
Sheikh Muhammed Salih Al-Munajjid
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