What is the ruling on buying Al-Rajhi shares and then selling them to a third party with payment made in installments with an increase?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
If you buy shares in installments and sell them for cash, this transaction is known as Tawarruq. It is a condition for the permissibility of dealing in shares that the company's field of work be permissible, and that it does not invest any part of the shareholders' money in usurious banks. Regarding Al-Rajhi shares, the scholars of the Kingdom should be asked about them.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/57948
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- Ftawy
- Original fatwa ID
- 57948
- 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