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The question

What is the ruling on subscribing to PetroRabigh shares?

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Source: FtawySummary from Ftawy's records · added here Sep 2, 20261 min readAlso available in العربية
The answer

Dealing with mixed companies whose original business is permissible, but they engage in prohibited transactions like Riba (usury), is not allowed. "Petro Rabigh" company has taken out Riba-based loans and deposits money in Riba-based banks. Therefore, it is not permissible to subscribe to it.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

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Source platform
Ftawy
Original fatwa ID
17974
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.
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Read the full answer on Ftawy