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The question

What is the ruling on working as an accountant in a brokerage and stock trading company (shares) that takes a sales commission from its clients in exchange for their dealings through it on the Egyptian stock exchange?

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

There is no objection to working for a brokerage firm in the stock market for a commission, provided that it does not broker transactions involving prohibited stocks. For dealing in stocks to be permissible, the company's activity must be lawful, and it must not deposit a portion of the shareholders' money in usurious banks to earn interest. One must inquire about the true nature of the company's and the stock market's dealings and their financial system.

Summarized from the full answer at Ftawy · imported

Read the full answer on Ftawy
Source platform
Ftawy
Original fatwa ID
72239
Imported
Translation status
Source text, unreviewed
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