What is the ruling on trading oil on the stock exchange, and is its ruling the same as that of trading gold and silver?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
It is permissible to trade in oil and other minerals on the stock exchange if the speculator adheres to controls, bearing in mind that the conditions for trading in oil differ from the conditions for trading in gold, silver, and paper currencies, which require spot delivery and equality in weight or merely spot delivery, depending on the difference in type.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/83900
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 83900
- 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