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The question

What is the ruling on subscribing to the Ithmaar Al-Khaleej investment fund offered by Bank Al-Bilad?

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

One should ask the question before proceeding and participating. Since Bank Albilad has a well-known board, and the nature and method of the transaction have not been clarified, it is necessary to refer to and inquire with the bank's Sharia board.

Summarized from the full answer at Ftawy · imported

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Ftawy
Original fatwa ID
150079
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