What is the ruling on earning a living and subsisting from trading in "Penny Stocks" with their high returns and risks and unaudited financial statements, until another job is found?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
It is permissible to trade company shares if one avoids the prohibitions; otherwise, it is not permissible, because the Prophet, peace and blessings be upon him, said: "Indeed, Allah is good and accepts only what is good." Necessity permits prohibitions, and is estimated according to its measure.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/146645
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 146645
- 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