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I’ve often heard of halachic challenges facing a Yid who buys shares of a publicly traded company in the food industry, like the possibility of owning chometz during Pesach, etc.
Is there a similar concern when buying shares of a financial institution like a bank, mortgage company or brokerage house which may engage in ribis (taking or paying interest) or other Torah-proscribed activities?
Most jews own shares in companies that might own chometz over pesach, via such outlets as mutual funds , pension funds etc, but they do not have a controlling vote so according to most its not a big deal
Unless you have a controlling voting share, I would not worry about it
You could invest in Muslim banks, which apparently use something like a heter iska.
May be okay if it’s limited liability
Rabbi Yitzhak Grossman has a Business Halacha PDF online
“the business halacha institute investments , hedge funds, and hilchos ribbis”
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