What is the ruling on trading oil through the global stock exchange by tracking its prices via charts without actually seeing it?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
Trading oil on the international stock exchange is permissible if the involved parties adhere to the Sharia regulations regarding buying and selling. Purchasing an absent commodity is permissible according to the preponderant opinion, provided it is described in a way that removes ambiguity. However, there are numerous prohibitions in trading on the international stock exchange.
Summarized from the full answer at Ftawy · imported
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- 85255
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