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Ruling on trading in Shams stock

Started by doaausef3li, Today at 02:19 AM

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doaausef3li



Our Islamic religion urged us to search for legal rulings in every work we undertake in our lives, and many of us have searched for the legal ruling on trading money in Shams Tourism Projects Company, as many residents of the Kingdom of Saudi Arabia are interested in this company because it is considered one of the largest Saudi joint-stock companies.
سهم المشروعات السياحية
Many jurists differed on the legal ruling on trading, whether it is forbidden or permissible, but the majority of scholars agreed to permit it, but with several conditions, as the company's current work must be permissible.

If the company's business that will be traded is forbidden or has some suspicion, then trading in it is forbidden, especially if the company has business in the field of weapons or alcohol or its projects are related to usurious businesses.

Many statements have proven that the fields in which Shams Tourism Projects Company operates are related to halal businesses and it has not been shown that they have any relation to forbidden businesses.

Therefore, investors must search for the activities of the companies in which their money will be traded and have a background in all the businesses they do so that they stay away from anything forbidden, and they must consult jurists in most of the matters that they are willing to work in so that they can take fatwa from their people.