What is the ruling on financing shares through AlJazira Bank?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
Financing through shares requires that the shares be owned by the bank, permissible, and pure, and that the customer does not sell them until after they have been transferred to his ownership. The method of financing in the aforementioned bank must be clarified to explain its ruling.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/17611
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 17611
- 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