This issue of investing on the stock market has always been a controversial issue amongst the scholars with some permitting it and others not being in favour of it. We at our Darul Ifta do not approve of investing and trading on the stock exchange.

And Allah Ta'aala knows best

ANSWERED BY: Mufti Mohammed Desai 

CHECKED AND APPROVED BY: Mufti Muhammed Saeed Motara Saheb D.B 

Date: 19 Jumadal Ula 1440 - English Date: 26 January 2019