Is it permissible to trade shares of Al-Rajhi Bank, which deals in foreign stocks according to Islamic methods?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
We cannot rule on the bank's dealings without knowing the nature of the transaction, because dealing in foreign stocks includes both permissible and forbidden aspects. The questioner must clarify how the transaction is conducted for a ruling to be made.
Summarized from the full answer at Ftawy · imported
Read the full answer on Ftawyhttps://ftawy.com/en/questions/31459
- Source platform
- Ftawy
- Original fatwa ID
- 31459
- Imported
- Translation status
- Source text, unreviewed
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