What is the ruling on subscribing to "Ma'aden" company shares?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
It is not permissible to contribute to "Ma'aden" company because it deals with interest-based loans and is classified as a "mixed" company, meaning its core business is permissible but it engages in prohibited transactions. This is the view of most contemporary scholars. Sheikh Muhammad bin Saud Al-Osaimi has affirmed the impermissibility of subscribing to it due to its interest-based debt, calling on it to follow -compliant financing methods and to seek assistance from a Sharia advisor.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/17712
Where this answer came from
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- Ftawy
- Original fatwa ID
- 17712
- 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.
- Read the full ruling
- Read the full answer on Ftawy