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The question

I want to know the ruling on buying and trading shares of Netflix, Inc.?

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Source: FtawySummary from Ftawy's records · added here Sep 2, 20261 min readAlso available in العربية
The answer

It is not permissible to invest in Netflix company shares because its activity is based on producing, distributing, and displaying forbidden entertainment and dramatic content that violates guidelines. Furthermore, it engages in financially forbidden contracts according to Sharia, such as: Contracts for Difference (options and futures) and leverage, which combines lending and brokerage. This makes purchasing its shares a form of assistance in sin.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

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Where this answer came from
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Ftawy
Original fatwa ID
16852
Added here
. This is when the answer was added to El Fatwa, not the fatwa's date.
Text
Summary from Ftawy's records, reviewed by El Fatwa's sharia committee.
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