What is the ruling on "Taysir Al-Ahli" personal finance program, and is it permissible or a form of usury, knowing that it relies on buying a commodity and selling it on the stock exchange?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
It is permissible to purchase a commodity from Al-Ahli Bank and other institutions, either in cash or on credit with a known deferred payment, for a price higher than its cash price, provided that the bank does not stipulate an increase on the buyer in case of delayed payment. If this condition is not present, then the sale is valid, and one may utilize the commodity or sell it.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/40259
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 40259
- 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