Fatwa of the Council of Senior Scholars on Issues of Stocks and Finance
Machine translationRead the Arabic original
Question:
This question is for Your Excellency the Shaykh: Why is there no fatwa from the Council of Senior Scholars on issues of stocks and financial matters?
Answer:
They do not obey the people. The people want money and want greed, so even if a fatwa is issued that contradicts their desires, they do not act upon it. Many fatwas have been issued. This is the Book of Allah, recited night and day, in Friday sermons, sermons, and lectures. May Allah guide these people and return them to the right path, and may He convince them to choose the halal over the haram.
This question is for Your Excellency the Shaykh: Why is there no fatwa from the Council of Senior Scholars on issues of stocks and financial matters?
Answer:
They do not obey the people. The people want money and want greed, so even if a fatwa is issued that contradicts their desires, they do not act upon it. Many fatwas have been issued. This is the Book of Allah, recited night and day, in Friday sermons, sermons, and lectures. May Allah guide these people and return them to the right path, and may He convince them to choose the halal over the haram.
Source
قناة «العلامة الدكتور صالح الفوزان»، محاضرات في العقيدة والدعوة-035-الفتوى وأحكامها|صالح الفوزان|كبار العلماء — youtube.com (52:22)
The Arabic text is a machine transcription of the audio recording.