Back to search
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?

Share this answer

Source: FtawySummary from Ftawy's records · added here 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.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

Read the full answer on Ftawy
Where this answer came from
Source platform
Ftawy
Original fatwa ID
69932
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