Ruling on trading in Shams Company

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Our Islamic religion urged us to search for the Sharia rulings in every action we undertake in our lives, and many of us have searched for the Sharia ruling for the circulation of funds in the Shams Company for Tourism Projects, 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 شمس حلال
Many jurists differed regarding the legal ruling on trading as to whether it is forbidden or permissible, but the majority of scholars agreed on its analysis, but with several conditions, as the company’s current business must be permissible.

If the business of the company 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 business.

Many statements have proven that the areas in which Shams Tourism Projects Company operates are related to halal work, and it has not been clear that they are related to forbidden work.

Therefore, investors must search for the activities of the companies in which they will trade their money and have a background in all the activities they carry out in order to stay away from anything forbidden, and they must consult the jurists in most of the matters that they agree to work on so that they can obtain fatwa from their people.