The Ruling on Dealing in Stocks
Machine translationRead the Arabic original
Question:
He says: I fell into dealing in stocks in the past, and I repented to Allah (Mighty and Majestic) from dealing in them, but some people say that it is permissible, so the matter became confused for you.
Answer:
As for stocks, I do not know about them; there is a distinction here. If they do not contain anything that contradicts the Shari'ah, they are permissible. If they contain a contradiction of the Shari'ah, they are not permissible. If they contain excessive uncertainty (gharar), ignorance, gambling, or riba (usury or interest), they do not hold. If they contain lying or deception, they do not hold. Yes.
He says: I fell into dealing in stocks in the past, and I repented to Allah (Mighty and Majestic) from dealing in them, but some people say that it is permissible, so the matter became confused for you.
Answer:
As for stocks, I do not know about them; there is a distinction here. If they do not contain anything that contradicts the Shari'ah, they are permissible. If they contain a contradiction of the Shari'ah, they are not permissible. If they contain excessive uncertainty (gharar), ignorance, gambling, or riba (usury or interest), they do not hold. If they contain lying or deception, they do not hold. Yes.
Source
لقاء مفتوح بالمعهد العلمي بحائل — alfawzan.live (41:27)
The Arabic text is a machine transcription of the audio recording.
