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7,82025/01/2002

Participating in a savings scheme with a petroleum company

Question: 21087

1. What is the ruling on saving with the Aramco company, whether as an investor or otherwise?

2. What is taqiyah according to the Sunnis and the Shi’ah?

3. Is it permissible to call Shaykh Ibn Baaz “Imaam”? and who are the Imaams according to the Sunnis?

Praise be to Allah, and peace and blessings be upon the Messenger of Allah and his family.

1.It seems that you should not
save with the Aramco company, whether as an investor or otherwise, because
you would be giving less money and taking more than the money given, which
is the essence of riba, because when investing one is not subject to the
risk of increase or loss, rather the profit is guaranteed, so it seems that
this is not allowed.

2.According to the Sunnis,
taqiyyah (dissimulation) means being sociable or affable without any
hypocrisy or sycophancy, when it is necessary to be affable and say things
that one does not believe, in cases where the Muslim fears for his life, but
his heart is at peace and believes.

But for the Shi’ah, taqiyyah means outwardly appearing to
agree with one’s opponent, even if he is right, whilst inwardly opposing him
and persisting in their false beliefs. This is the essence of hypocrisy
which means making an outward display of being Muslim whilst inwardly
concealing kufr.

3.Shaykh Ibn Baaz is one of the
imams (leaders) of guidance, and one of the most prominent scholars of
sharee’ah which he supported and paid attention to, so he deserves to be
regarded as a leader in Islam.

Source

Shaykh ‘Abd al-Kareem al-Khudayr

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