Is it Islamically permissible to participate in global stock exchange currency trading companies that guarantee a profit margin ranging from 7% to 12% on capital and a loss not exceeding 10%? And is there any usury (riba) in that?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
If the determination of 7% or 12% is from the anticipated profit, then it is permissible, and it is a (profit-sharing partnership). However, if this percentage is guaranteed from the capital itself, then it is impermissible and constitutes usury (riba). Specifying a percentage for loss is also impermissible because it implies guaranteeing a portion of 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/90417
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- Ftawy
- Original fatwa ID
- 90417
- 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.
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- Read the full answer on Ftawy