Is it permissible to contribute to the Saudi Industrial Development Company (SIDF)?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
It is permissible to contribute to these companies if their field of investment is Islamically permissible, and provided that no part of the shareholders' money is deposited in usurious banks to earn interest.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/54549
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 54549
- 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