What is the ruling of Islamic law on a foreigner trading in the Saudi market's stocks under the name of a citizen, and is this considered deception?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
Scholars have stipulated that the ruler may restrict permissible matters, such as buying, selling, and leasing, if there is a clear public interest in doing so. Consequently, circumvention in such cases is prohibited.
Summarized from the full answer at Ftawy · imported
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