What is the ruling on trading oil on the stock exchange, and is its ruling the same as that of trading gold and silver?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
It is permissible to trade in oil and other minerals on the stock exchange if the speculator adheres to Sharia controls, bearing in mind that the conditions for trading in oil differ from the conditions for trading in gold, silver, and paper currencies, which require spot delivery and equality in weight or merely spot delivery, depending on the difference in type.
Summarized from the full answer at Ftawy · imported
Read the full answer on Ftawyhttps://ftawy.com/en/questions/83900
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- Ftawy
- Original fatwa ID
- 83900
- Imported
- Translation status
- Source text, unreviewed
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