Is it permissible to subscribe to the shares of SABIC Global (Kayan) Company?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
The activity of Kayyan Company is permissible, but it has signed a financing agreement with usurious loans from banks, which makes subscribing to it impermissible. This is due to its violation of the adopted ruling which prohibits contributing to companies that deal with , whether by borrowing or lending. Dr. Muhammad Al-Osaimi has issued a prohibiting subscription to it, because the prospectus disclosed the company's intention to borrow with usury, and this does not permit a Muslim to be a partner in this contract.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/18139
Where this answer came from
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- Ftawy
- Original fatwa ID
- 18139
- Added here
- . This is when the answer was added to El Fatwa, not the fatwa's date.
- Text
- Summary from Ftawy's records, reviewed by El Fatwa's sharia committee.
- Read the full ruling
- Read the full answer on Ftawy