What is the ruling on trading in shares where the workers guarantee no loss and profits reach 30% monthly, along with their claim that these are halal shares for local currencies and companies?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
It is permissible to engage in international stock markets if the controls are adhered to. However, most of them involve usurious contracts, speculative contracts, and margin buying, which are not permissible according to Sharia. Therefore, it is not permissible to place money in these offices unless their adherence to Sharia controls is known, and their transactions must be thoroughly investigated. The condition of guaranteeing the capital is void, because this is not valid in (profit-sharing partnership), as losses are incurred from the capital.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/91042
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 91042
- 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