Ruling on trading Jabal Omar shares

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1 Ocak 2024
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Many questions have been received about the ruling on investing in the trading of Jabal Omar shares, affiliated with the Jabal Omar Architectural Development Company. Therefore, the competent authorities studied the legality of the shares offered on the Saudi Stock Exchange by answering these questions and deciding on the ruling on this share. The primary activity of the Jabal Omar Company is developing lands in the regions. جبل عمر سهم
Surrounding the Holy Mosque in Mecca is a permissible activity, and looking at the financial statements for the company’s subscription, it does not show any bank loans, usurious financial transactions, or any forbidden investment. Therefore, trading in Jabal Omar shares is permissible and permissible, God Almighty willing.
 
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