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The question

What is the ruling on Mudarabah and investing in Al Rajhi Bank shares?

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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 permissible to invest in Al-Rajhi Bank shares if they are pure (non-mixed) shares, and Dr. Muhammad Al-Osaimi has listed them among the permissible shares. As for Al-Rajhi funds that deal with local or Gulf stocks, they are not restricted to pure shares; rather, they deal in mixed shares, which most scholars consider impermissible to trade in.

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Original fatwa ID
17839
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