Is it permissible to deal with brokerage firms for trading permissible stocks on the stock exchange, knowing that these firms deal with both permissible and impermissible stocks?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
There is no harm in dealing with a broker to buy permissible stocks that you specify for him. The Prophet, peace and blessings be upon him, and his companions dealt with the Jews despite their involvement in usury, and that did not prevent them from dealing with them in what is permissible.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/126546
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 126546
- 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.
- Read the full ruling
- Read the full answer on Ftawy