What is the ruling on participating in bank shares, such as the Emirates Bank in Saudi Arabia? Is it permissible or forbidden?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
We cannot issue a ruling on the aforementioned bank due to our ignorance of the nature of its transactions and its adherence to regulations. A ruling on something remains a corollary of its conception. There are regulations and conditions for buying and selling shares; if these are met, it is permissible, otherwise, it is not.
Summarized from the full answer at Ftawy · imported
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- Original fatwa ID
- 61808
- Imported
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