Permissibility of Trade in Stock Market

Question ID: 40717
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Is one allowed to trade on the stock market,be it commodities
gold etc. and other stock.

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Asked on January 1, 1970 12:00 am
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Private answer

What is permissible to eat is permissible to buy or/and sell. Gold etc minerals are permissible to buy or/and sell.
Thus to deal in these commodities will be permissible.
Some Ulema express major reservations in buying and dealing with the stock exchange.

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Answered on January 1, 1970 12:00 am