What is the ruling on short-term speculation in mixed and forbidden companies in the stock market?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
Firstly, it is impermissible to invest in companies that deal in or trade with forbidden things, whether usury or otherwise, because the shareholder is a partner in the company's capital.
Secondly, it is impermissible to trade in prohibited or mixed shares, whether by selling, buying, or speculating, because selling what is forbidden is not allowed, and a contract that includes it is invalid. There is no difference in this ruling between speculation and long-term investment.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/18224
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 18224
- 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