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The question

What is the ruling on subscribing to the Saudi Printing and Packaging Company?

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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 "Saudi Printing and Packaging Company" because it engages in prohibited activities such as printing magazines that contain impermissible content from a perspective, deals with Riba (usury/interest) through loans in the form of Ijara Muntahiya bi Tamleek (lease ending with ownership) which is considered Riba-based financing, in addition to permitting the issuance of preferred shares and bonds without Sharia-compliant controls, and commercial insurance contracts.

Summarized from the full answer at Ftawy · imported

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
18090
Imported
Translation status
Source text, unreviewed
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