Is trading on the Egyptian Stock Exchange permissible or forbidden?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
Working in the stock market is permissible if one can avoid violations, but violations are numerous therein. These include dealing in shares of usurious banks, companies that produce alcoholic beverages and tobacco, and shares of permissible companies that engage in usury, as well as the margin system, index selling, and futures contracts in transactions that require immediate possession, and dealing in bonds.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/94017
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 94017
- 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