Is trading in Al Baha shares halal?

Solidarity and discussion for the NaNoWriMo 2020 Write-Through
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sarausef
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Joined: Wed Apr 14, 2021 5:56 pm

Is trading in Al Baha shares halal?

Post by sarausef »

Many investors are keen to know what are the pure and halal stocks that can be invested in according to the provisions of Islamic Sharia in order to avoid any suspicions of usury or malicious money. Therefore, a large number of scholars and fatwa scholars in the Kingdom of Saudi Arabia study all stocks and companies in order to identify pure stocks. And mixed stocks and prohibited stocks, so that every investor can make his decision before starting to invest in any stock.
توقعات سهم الباحة
All scholars who specialize in studying stocks have agreed that Al-Baha stock is a pure stock. Al Baha Company works in areas of development that comply with the provisions and rules of Islamic Sharia. Its dealings are not tainted by any legal violations and it does not engage in usury. Therefore, investing in it, whether long-term, daily speculation, or subscription, is permissible and has nothing to do with it.
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