The Ruling on Participating in Stocks
Machine translationRead the Arabic original
Question:
He says: What is the ruling on buying stocks?
Answer:
I do not know about stocks; they are unknown. Which stocks? If they are stocks in established companies, such as factories and farms that produce, then there is nothing wrong with them. Participating in real estate is also fine. These are fixed stocks that are closed; there is nothing wrong with them. As for stocks that are speculative, which have ruined people and their money is lost in them, and which are unknown, involve gambling, involve riba (usury or interest), and are uncertain, the Muslim should avoid them. Yes.
He says: What is the ruling on buying stocks?
Answer:
I do not know about stocks; they are unknown. Which stocks? If they are stocks in established companies, such as factories and farms that produce, then there is nothing wrong with them. Participating in real estate is also fine. These are fixed stocks that are closed; there is nothing wrong with them. As for stocks that are speculative, which have ruined people and their money is lost in them, and which are unknown, involve gambling, involve riba (usury or interest), and are uncertain, the Muslim should avoid them. Yes.
Source
75-لقاءات مع الشيخ صالح الفوزان - 07- — archive.org (40:44)
The Arabic text is a machine transcription of the audio recording.