What are the conditions for trading gold, and is it permissible to take out a loan to buy gold for the purpose of trade, and is it permissible for a woman to give her guardian money to buy commercial gold, provided she is present at the time of purchase and the guardian handles the transaction?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
Trading gold is permissible in principle, and taking a loan is permissible when needed, provided there is an intention to repay it. It is permissible for a woman to give her guardian money to buy gold for her, as this is a form of agency.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/133336
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 133336
- 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