What is the ruling on subscribing to Chemanol Company shares?

Kayanol's original business is permissible, but it engages in interest-based transactions, which makes it a mixed company. Most contemporary scholars have ruled against investing in this type of company, because the shareholder would be complicit in sin. Sheikh Muhammad Al-Osaimi has clarified that the company has impermissible banking facilities and loans, and therefore, he does not deem subscription to it permissible. He advises companies to fear Allah and avoid interest-based financing due to the availability of Islamic alternatives.