What is the ruling on dealing with an online investment company named Ecn Markets, whose profit depends on the size of the client's portfolio and their trading activity, and whose employees claim that their accounts are one hundred percent Islamic?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
The ruling on dealing with this company depends on understanding the nature of its work. The mere statement by the employee that the accounts are Islamic is not sufficient unless the company adheres to Shariah principles and avoids prohibitions.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/189513
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 189513
- 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