A type of share that entitles the holders to participate in the net profit of the issuing company or business, but with no voting rights. The face value of these shares is gradually redeemed before termination of the company through distribution of profits.

Issuing tamattu’ shares is impermissible by shari’ah unless a specific set of prerequisites and parameters is met- e.g., the face value is less than the real value/ market value of the stock, etc.).

In Arabic, tamattu’ shares (enjoyment shares) are also known as as-hum al-tamattu’ (أسهم التمتع).