The Ruling on Trading in Stocks and Investment Funds
Machine translationRead the Arabic original
Question:
May Allah reward you and bless your knowledge. This questioner has also asked another question regarding his trade in stocks and investment funds. What is the ruling of the Shari'ah on this?
Answer:
It is a condition for the item being sold that it be known to both parties, whether it is stocks or anything else. As for when the price or the item being priced is unknown, then this sale is invalid. Among the conditions for the validity of a sale is that the item being sold be known to both parties and that the price be known to both parties.
May Allah reward you and bless your knowledge. This questioner has also asked another question regarding his trade in stocks and investment funds. What is the ruling of the Shari'ah on this?
Answer:
It is a condition for the item being sold that it be known to both parties, whether it is stocks or anything else. As for when the price or the item being priced is unknown, then this sale is invalid. Among the conditions for the validity of a sale is that the item being sold be known to both parties and that the price be known to both parties.
Source
قناة «العلامة الدكتور صالح الفوزان»، [2946] حكم التجارة في الأسهم والصناديق الاستثمارية - صالح الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.