Shares of my SABIC and Al-Rajhi companies
Machine translationRead the Arabic original
Question:
There are many questions, O Shaykh, about buying shares in SABIC and Al-Rajhi companies?
Answer:
As for SABIC, if it is, as we mentioned, a productive company, meaning an industrial company that produces fertilizers or other manufactured goods, and does not deal in riba (usury or interest) in its capital, then there is no harm in investing in it. As for Al-Rajhi, I do not know anything about it, and I will not say anything about it now until I know exactly what its system is and what it operates on. Yes.
There are many questions, O Shaykh, about buying shares in SABIC and Al-Rajhi companies?
Answer:
As for SABIC, if it is, as we mentioned, a productive company, meaning an industrial company that produces fertilizers or other manufactured goods, and does not deal in riba (usury or interest) in its capital, then there is no harm in investing in it. As for Al-Rajhi, I do not know anything about it, and I will not say anything about it now until I know exactly what its system is and what it operates on. Yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، محاضرات في العقيدة والدعوة-026-الربا وخطره|صالح الفوزان|كبار العلماء — youtube.com (1:07:52)
The Arabic text is a machine transcription of the audio recording.