I'm part of a credit union. They call the payouts both interest and dividends. But they are interest really they are dividends. I'm not sure what to make of it and whether it's permissible or not. Any answers would help. Thanks!
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1It is similar to owning shares in a bank. If the income of the credit union\bank is from riba on loans then obviously it is haram.– UmHMar 23 at 16:28
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