What is the ruling on working as an accountant in a brokerage and stock trading company (shares) that takes a sales commission from its clients in exchange for their dealings through it on the Egyptian stock exchange?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
There is no objection to working for a brokerage firm in the stock market for a commission, provided that it does not broker transactions involving prohibited stocks. For dealing in stocks to be permissible, the company's activity must be lawful, and it must not deposit a portion of the shareholders' money in usurious banks to earn interest. One must inquire about the true nature of the company's and the stock market's dealings and their financial system.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/72239
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 72239
- 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