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Tihama Trading Pure Stock


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Tihama Advertising and Marketing Company is one of the leading Saudi companies in its field. It started its activity in 1974 as a limited company. Then its shares were listed on the Saudi Stock Exchange under the symbol 4070. Although the company's primary activity does not violate Islamic law and is not tainted by any flaw. However, the authorities concerned with studying the legitimacy of the stock differed about the purity of the Tihama Trading stock. توقعات سهم تهامة

One of the five authorities saw that the Tihama Trading stock is a mixed stock. This is because the company's financial transactions are mixed with some loans and usurious transactions with banks, which makes the stock not completely pure. Therefore, investors in this stock must get rid of a percentage of the stock's profits by donating them to charitable organizations to get rid of the forbidden percentage of these returns.

 

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