assalmualaikum.
I downloaded the 2020 list of ‘zero debt companies pdf’ and came across ArrowHead Pharmaceuticals. Mashallah they have no long term debt, but they have interest income. What would the ruling of that be? Should I stay away as they deal in riba or give a portion like 25% to charity?
jazakallah
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vey good question
Assalam Alaikum,
I was just about to ask the same question…has it been answered anywhere on this forum…can anyone please share the link? Shurkran.
Wasalam
May Allah bless you.
The interest income should not be more than 5% of the total revenue of the company for it to be considered as shariah compliant.
And Allah knows best!