Is dealing with a stock exchange company that allows depositing 650 Jordanian Dinars and achieving a monthly profit ranging between 15% and 25% through currency trading only considered Islamically permissible (halal), given that the company affirms it has obtained a Sharia fatwa, while there are doubts about the impermissibility (haram) of some stock exchange companies?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
A Muslim dealing with currency exchange companies or offices must investigate their adherence to regulations, as violations in this field are numerous. It is essential to verify the company's commitment to Sharia regulations, especially since its involvement in the stock market makes it difficult to avoid falling into what is forbidden. It is not permissible to pay money for investment in exchange for a specific and fixed profit.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/90963
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 90963
- 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