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Is the brokerage commission that a brokerage firm takes from trading in securities of companies that manufacture cigarettes or alcoholic beverages or banks permissible (halal)?

1 min readAlso available in العربية

It is permissible to work as a broker in the stock market, provided that transactions related to the shares of banks and usurious companies, alcohol and cigarette companies, companies that deal with bonds as instruments of usurious loans, and similar forbidden things are avoided.

Summarized from the full answer at Ftawy · reviewed Sep 2, 2026

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