What is the permissibility of trading in stock market shares through bank services, where money is deposited into a bank account and the bank is allowed to trade in shares and transfer the profits to the account?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
If the contract between you and the bank adheres to the Shariah principles, such as (profit-sharing) or (partnership), and the bank is Islamic and invests the money in shares of permissible companies, then there is no objection to that.
Summarized from the full answer at Ftawy · imported
Read the full answer on Ftawyhttps://ftawy.com/en/questions/114627
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 114627
- Imported
- Translation status
- Source text, unreviewed
- Read the full ruling
- Read the full answer on Ftawy