What is the ruling on dealing with and investing in a global stock exchange brokerage firm after they have stated that their dealings comply with Sharia, knowing that some have declared such dealings impermissible?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
The ruling on what is known as "Options"—which is the selling of options and futures—is that it falls under prohibited contracts.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/129248
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 129248
- 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