What is the ruling on working for the Capital Market Authority at the stock exchange, which monitors operations and ensures the protection of savings, equality in treatment, market transparency, the application of legislative and regulatory provisions, combating money laundering, promoting financial literacy, and supporting the government in market regulation?
Stock market activities include both permissible and impermissible elements. Among the impermissible are trading in interest-bearing bonds, exchanging currencies without immediate possession (hand-to-hand exchange), and trading in impermissible financial instruments such as mixed or prohibited stocks. Working in a market regulatory body is prohibited if it involves assisting or condoning forbidden acts. As for individuals strong in faith and knowledge, they may join such a body with the intention of reform. However, if they are unable to bring about change, they must seek other employment. Anyone who fears falling into temptation should not join.
Summarized from the full answer at Ftawy · reviewed Sep 2, 2026
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