Is trading in stock options Haram or is it Halal like trading in the stocks themselves?
Question
The question text was not published separately; the title stands in for it.
Is trading in stock options Haram or is it Halal like trading in the stocks themselves?
Answer
It is not permissible to deal in stock options.
Was salaam
Mufti E. Desai
Fatwa Dept.
- Answered by
- Mufti E. Desai
Where scholars differ, it’s safer to take the more cautious view.
Fatawa SA is an independent, read-only index of fatawa already published by Darul Iftaa Mahmudiyyah. It is not a fatwa service. For your own situation, please ask a Mufti. Report an issue
For corrections or mistakes, please email us at fatawasa786@gmail.com.
Source: Darul Iftaa Mahmudiyyah — https://askimam.org/public/question_detail/1223
Fatawa SA: https://fatawa.co.za/fatwa/askimam-1223
Same question, other Darul Iftas
The closest match from each Darul Ifta, found by wording. Check that the question matches yours.
Compare the answers side by side