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The question

What is the ruling on subscribing to the Riyad Bank Building Program, and what is the ruling on the Riyad Bank Islamic Credit Card?

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Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

"Judging something is a branch of conceiving it. Therefore, it is impossible to rule on the aforementioned program without knowing its regulations and conditions. However, the regulations for certain forms of banking transactions, such as "Istisna'a (manufacturing contract), Murabaha (cost-plus financing), Tawaruq (monetization), and Muntahia Bittamleek (lease ending in ownership)," have been clarified in fatwas numbered: 68410, 77080, 89586, 45593, and 41392. As for cards, their ruling has been explained in fatwas: 31458 and 36633. For more information regarding the aforementioned bank, please refer to number: 76745."

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Ftawy
Original fatwa ID
111374
Imported
Translation status
Source text, unreviewed
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