What is the religious ruling on what is called the speculation stock market?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
Speculative exchanges and the transactions conducted therein are not all the same. Some are permissible, while others are forbidden due to involving (excessive uncertainty), gambling, and usury. It is not possible to rule on the type of speculation intended without its clarification.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/115442
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 115442
- 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