Al-Sayyid Al-Allamah Al-Hujjah Muhammad ibn ‘Abdullah Awad al-Mu’ayyidi May Allah preserve him

Question: There are companies that announce their desire to sell quantities of their shares, stating the price of each share as such-and-such riyals, knowing that the price of a single share can rise or fall. As with trade goods, the...

Question: What is the ruling on depositing in usurious banks and transferring from them and to them, etc.?

Question: A man has debts; he is pressed to pay them or be imprisoned. He possesses nothing with which to pay the creditors other than what is indispensable for him and his family and children; if he enters prison, his...

Question: A bank and a merchant agreed—seeking to avoid usury—that the merchant sell to the bank’s customers certain goods at their customary price, with no increase and no decrease; the bank is to settle the price of those goods, and...

Question: The agricultural bank sells farming machinery for half the price at which their equivalents are sold in the market, but the bank sells them to farmers only on credit for specified terms and takes “interest” for that. Is it...

Question: Is it permissible for a man to borrow from a usurious bank if he is in need of that, though he is not content with the loan’s interest, but necessity has driven him to accept it unwillingly?

Question: Is it permissible to deposit in usurious banks, knowing that when the depositor wants to take his money, he takes it without increase or decrease, and he deposits it only for safekeeping and nothing else? Is such depositing considered...

Question: Is it permissible, in the Law, for a company to say to its customers: “Let each customer pay one hundred riyals this month”—and their customers number in the hundreds of thousands—“in return for which the company, at the end...

Question: A man bargained with another over the purchase of a car. The car’s owner knew that the bargainer did not possess the car’s price and only wanted to buy it on credit. The sale was concluded between the two...

Question: A man reported this evening that he bought a car and paid approximately half its price; the seller gave him a term for the other half. He has paid what he owed, except that he added about fifteen thousand...