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The question

What is the ruling on selling a service that predicts the future value of net stock based on an analysis of its past values using artificial intelligence?

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Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

It is permissible to trade only in pure shares, which are shares of companies engaged in lawful activities that do not deal with Riba (usury) through deposits or borrowing. It is not permissible to trade in mixed or prohibited shares.

Accordingly, it is permissible to assist with pure shares only, and there is no harm in analyzing and studying the status of pure shares and providing this service for a fee, because it is a wage for a permissible act. The financial analyst must encourage investment in lawful companies and warn against prohibited ones.

Summarized from the full answer at Ftawy · imported

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Source platform
Ftawy
Original fatwa ID
20161
Imported
Translation status
Source text, unreviewed
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