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View Full Version : [Case study] Ruling on trading in Petro Rabigh shares



doaausef3li
07-08-2024, 10:38 AM
There are questions asked by some traders about whether stock trading is halal or haram? Since the company is an industrial company specializing in the petrochemical industry, which is an activity that is not prohibited.بترو رابغ تداول (https://aswaqdaily.com/أسهم-بترو-رابغ-تداول/)
Rather, it is an important activity for use in life, with encouragement to invest in it, and the company’s capital reaches 8.76 billion riyals. The company had previously obtained a bank loan with interest, which was excluded as a result of Islamic Murabaha and lenders’ shares. Therefore, there is no need to worry about subscribing to the company's shares. Rather, it is permissible to subscribe to it, just as the company’s funds are permissible according to Sharia law, and there is no prohibition in subscribing to it.