Back to search
The question

What is the ruling on the online stock trading service offered by some Saudi banks for one thousand Saudi riyals annually?

Share this answer

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

If trading stocks online avoids Sharia-forbidden practices, and the bank providing the service steers clear of usury, then there is no harm in paying one thousand pounds for the service; otherwise, it is impermissible.

Summarized from the full answer at Ftawy · imported

Read the full answer on Ftawy
Source platform
Ftawy
Original fatwa ID
49991
Imported
Translation status
Source text, unreviewed
Read the full ruling
Read the full answer on Ftawy