To what extent is trading shares of Arab Bank Jordan permissible, given that the intention was directed towards buying shares of Arab Islamic Bank?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
It is not permissible to buy or sell shares of usurious banks. However, it is permissible to trade in the shares of an Islamic branch if its transactions are in accordance with Islamic principles and it has independence in its resources and sources.
Summarized from the full answer at Ftawy · imported
Read the full answer on Ftawyhttps://ftawy.com/en/questions/67553
- Source platform
- Ftawy
- Original fatwa ID
- 67553
- Imported
- Translation status
- Source text, unreviewed
- Read the full ruling
- Read the full answer on Ftawy