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The question

Is dealing with a stock exchange company that allows depositing 650 Jordanian Dinars and achieving a monthly profit ranging between 15% and 25% through currency trading only considered Islamically permissible (halal), given that the company affirms it has obtained a Sharia fatwa, while there are doubts about the impermissibility (haram) of some stock exchange companies?

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Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

A Muslim dealing with currency exchange companies or offices must investigate their adherence to regulations, as violations in this field are numerous. It is essential to verify the company's commitment to Sharia regulations, especially since its involvement in the stock market makes it difficult to avoid falling into what is forbidden. It is not permissible to pay money for investment in exchange for a specific and fixed profit.

Summarized from the full answer at Ftawy · imported

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
90963
Imported
Translation status
Source text, unreviewed
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