Are stocks one hundred percent pure (halal)? Is it permissible to buy and sell pure (halal) stocks and engage in daily speculation in them, knowing that the company might deal in usury or that the intermediary bank might deal with commercial insurance companies? Is daily speculation gambling? Does stock trading distract from the remembrance of Allah?

It is permissible to trade in pure shares, whether through participation, trading, or speculation. These are shares of companies that do not engage in prohibited transactions such as usury. Pure shares can be identified through the lists issued by specialists. Trading in shares is not considered gambling. Dr. Al-Osaimi has permitted speculation in pure shares, whether on a daily or weekly basis.