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The question

What is the ruling on earning a living and subsisting from trading in "Penny Stocks" with their high returns and risks and unaudited financial statements, until another job is found?

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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 company shares if one avoids the Sharia prohibitions; otherwise, it is not permissible, because the Prophet, peace and blessings be upon him, said: "Indeed, Allah is good and accepts only what is good." Necessity permits prohibitions, and is estimated according to its measure.

Summarized from the full answer at Ftawy · imported

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Source platform
Ftawy
Original fatwa ID
146645
Imported
Translation status
Source text, unreviewed
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