Investment in the SABIC Company
Machine translationRead the Arabic original
Question:
What is the ruling on investing in the SABIC company?
Answer:
We have requested their bylaws, but up to now we have not learned their bylaws as they should be. They will be announced soon, if Allah wills. What we know about them now, and the news about them, is that they have no riba (usury or interest) transactions in them, but we have not committed to it yet; because we have not known their bylaws. We have requested them, and they will be reviewed, if Allah wills. Yes.
What is the ruling on investing in the SABIC company?
Answer:
We have requested their bylaws, but up to now we have not learned their bylaws as they should be. They will be announced soon, if Allah wills. What we know about them now, and the news about them, is that they have no riba (usury or interest) transactions in them, but we have not committed to it yet; because we have not known their bylaws. We have requested them, and they will be reviewed, if Allah wills. Yes.
Source
ندوات الجامع الكبير مع الأسئلة - 44 — archive.org (1:11:25)
The Arabic text is a machine transcription of the audio recording.