Back to search
The question

What is the ruling on working in the marketing research department of a Kuwaiti company that trades stocks and currencies in America?

Share this answer

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

Working in the field of stock and currency trading, whether directly or through marketing research, advertising, and publicity, involves legal caveats depending on the type of shares and the method of currency exchange. If the shares are foreign, some are prohibited, such as shares of banks, alcoholic beverage companies, and insurance companies. Similarly, currency exchange on the stock market and online does not meet the conditions of simultaneous exchange (al-taqabud) and equality (al-tumathul). Therefore, marketing such transactions is prohibited because it falls under the general category of aiding in sin, as Allah states: "And cooperate in righteousness and piety, but do not cooperate in sin and aggression." However, if the work involves permissible transactions that do not aid in what is forbidden, then there is no objection.

Summarized from the full answer at Ftawy · imported

Read the full answer on Ftawy
Where this answer came from
Source platform
Ftawy
Original fatwa ID
95672
Imported
Translation status
Source text, unreviewed
Read the full ruling
Read the full answer on Ftawy