What is the ruling on trading in the oil stock market?
Trading oil on the stock exchange is permissible if traders avoid the prohibitions. Commodities are traded on the stock exchange through four methods: two permissible methods, which are those where the contract includes the right to deliver the sold item and the price immediately, with the goods or their equivalent being present, or with the possibility of delivery and receipt guaranteed by the market authority. And two forbidden methods, which are those that necessitate delaying both عوض (countervalues) or include the possibility of liquidation through an opposing contract without requiring delivery and receipt, or those that are a contract for the delivery of a described item in debt at a future date and payment of the price upon delivery, without including a condition for actual delivery.
Summarized from the full answer at Ftawy · reviewed Sep 2, 2026
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