What is the ruling on trading in commercial stocks other than bank stocks, and what is the ruling on stock funds that authorize the bank to buy and sell commercial company stocks, and what is the ruling on subscribing to Bank Albilad?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
The criteria for the permissibility of subscribing to shares have been previously explained. If these conditions are met, then there is no harm in subscribing; otherwise, it is not permissible. It is permissible to authorize banks to buy and sell shares. The ruling regarding Bank Al-Bilad was mentioned in a previous fatwa.
Summarized from the full answer at Ftawy · imported
Read the full answer on Ftawyhttps://ftawy.com/en/questions/65356
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- Original fatwa ID
- 65356
- Imported
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