Fatwa on the Prohibition of Trading in Pure Stocks
Machine translationRead the Arabic original
The questioner:
Honorable Shaykh, a questioner says: We have learned that there is a fatwa forbidding the trading of stocks, even the stocks of pure companies. Is this fatwa correct, and what is its evidence?
The Shaykh:
I do not know of a fatwa on this. And as for the "pure" ones, there is nothing that purifies them from what has been washed and made pure; it is all deception of the people.
The presenter:
May Allah reward you, Honorable Shaykh.
The Shaykh:
And Allah the Exalted knows best, and may Allah send blessings and peace upon the Messenger.
Honorable Shaykh, a questioner says: We have learned that there is a fatwa forbidding the trading of stocks, even the stocks of pure companies. Is this fatwa correct, and what is its evidence?
The Shaykh:
I do not know of a fatwa on this. And as for the "pure" ones, there is nothing that purifies them from what has been washed and made pure; it is all deception of the people.
The presenter:
May Allah reward you, Honorable Shaykh.
The Shaykh:
And Allah the Exalted knows best, and may Allah send blessings and peace upon the Messenger.
Source
شرح السنة للبربهاري، أركان الإيمان - القرآن كلام الله - الشفاعة وأنواعها — islamhouse.com (1:18:59)
The Arabic text is a machine transcription of the audio recording.