Mufti Online — Madrasah Ta'leemuddeen

Is share trading (equity, commodity, derivative, currency) permissible in Islam?

Published as Share trading

· 19 Rabiʻ II 1438 AH1 min readEnglish

Question

Is share trading (equity, commodity, derivative, currency) permissible in Islam?

Answer

This is not permissible.

And Allah Ta'ala (الله تعالى) knows best.

Answered by
Mufti Ebrahim Salejee (Isipingo Beach)
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Questions about this ruling, answered only from the archive with sources.

Where scholars differ, it’s safer to take the more cautious view.

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Source: Mufti Online — Madrasah Ta'leemuddeen — https://muftionline.co.za/node/17771
Fatawa SA: https://fatawa.co.za/fatwa/muftionline-17771

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