Back to search
The question

Is buying shares in a company after learning about its profits through one's job as an auditor considered an exploitation of the position?

Share this answer

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

There is no Shar'i (Islamic legal) impediment to purchasing these shares, unless you exploit your knowledge of them by spreading rumors that they are unprofitable, so that people refrain from buying them and you can acquire them exclusively. In such a case, this action would be forbidden from two perspectives: your reporting of information contrary to reality, which is pure falsehood, and your betrayal of the company for which you are an employee.

Summarized from the full answer at Ftawy · imported

Read the full answer on Ftawy
Source platform
Ftawy
Original fatwa ID
30574
Imported
Translation status
Source text, unreviewed
Read the full ruling
Read the full answer on Ftawy