Back to search
The question

Is providing forex deal recommendation services and creating and selling computer programs that aid in forex trading considered unlawful if the majority of traders use the forbidden margin system, based on the principle of aiding in sin?

Share this answer

Source: FtawySummary from Ftawy's records · added here Sep 2, 20261 min readAlso available in العربية
The answer

As long as the questioner predominantly believes that most users of the program will use it for impermissible margin trading, it is not permissible for him to do so. This is because the predominant belief is that most traders will deal with it in an unlawful manner, and anything that is used unlawfully, or is predominantly believed to be so, is forbidden to manufacture, import, sell, and promote.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

Read the full answer on Ftawy
Where this answer came from
Source platform
Ftawy
Original fatwa ID
170648
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