Is trading on the stock exchange of a non-Islamic country in shares of companies whose products are permissible (halal), while avoiding companies involved in prohibited activities, permissible, or does it fall under the category of gambling? And what is the ruling on trading in futures contracts?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
It is not enough to ensure that the company's activity is permissible; it must also not borrow or lend with interest (riba). Therefore, it is not permissible to buy shares in a company that deals with riba, even if its primary activity is permissible. This is what the Fiqh Academy has decided. However, if the company is pure, its activity is permissible, and it does not deal with riba, then it is permissible to buy and sell its shares.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/147252
Where this answer came from
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- Ftawy
- Original fatwa ID
- 147252
- 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