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The question

What is the ruling on subscribing to the Al-Raed Fund in Samba, and is it permissible to allocate 5% of the annual profits to purify the money, or is it not permissible to deal with it at all?

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Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

It is not permissible to subscribe to the fund if it deals with usury or deposits money in usurious banks, collects interest, and distributes it to subscribers; because subscribing to it means participating in this forbidden activity.

Summarized from the full answer at Ftawy · imported

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
69932
Imported
Translation status
Source text, unreviewed
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