What is the ruling on the online stock trading service offered by some Saudi banks for one thousand Saudi riyals annually?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
If trading stocks online avoids -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.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/49991
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 49991
- 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