What is the ruling on working with commercial stocks?
Machine translationRead the Arabic original
Question:
Working with commercial stocks?
Answer:
If there is no riba (usury or interest) in them, there is no harm.
If the stocks are in iron, construction, land, or cars, there is no harm, but riba (usury or interest) is not allowed.
Q: What about stocks traded in banks?
A: Banks, no, that is not permissible. But as for stocks that do not contain riba (usury or interest), praise be to Allah, such as companies that partner in land, cars, equipment, or clothing, there is no harm.
Working with commercial stocks?
Answer:
If there is no riba (usury or interest) in them, there is no harm.
If the stocks are in iron, construction, land, or cars, there is no harm, but riba (usury or interest) is not allowed.
Q: What about stocks traded in banks?
A: Banks, no, that is not permissible. But as for stocks that do not contain riba (usury or interest), praise be to Allah, such as companies that partner in land, cars, equipment, or clothing, there is no harm.
Source
binbaz.org.sa
The Arabic text is copied verbatim from the original source, without any edits.