Back to search
The question

What is the ruling on an annual subscription to an internet service for stock trading with Samba Bank (formerly American Express) without receiving any interest or profits from them, given that Al-Rajhi Bank offers the service, but it is slow and may cause losses?

Share this answer

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

We do not know the stock trading system at Samba Bank, but it is not permissible to deal in the shares of usurious companies, whether lending or borrowing, due to the Almighty's saying: "And do not cooperate in sin and aggression."

Summarized from the full answer at Ftawy · imported

Read the full answer on Ftawy
Source platform
Ftawy
Original fatwa ID
57286
Imported
Translation status
Source text, unreviewed
Read the full ruling
Read the full answer on Ftawy