AskImamDarul Iftaa Mahmudiyyah (AskImam)

Working in a Stock Brooking Firm

· 17 Rabiʻ II 1428 AH1 min readFatwa 15149English
Finance and Commerce

Question

I am Ubed Shipra from India. I am working in a Stock Broking Firm, so Mufti Saheb could you tell me whether it is advisable to work or not in the light of Islam.

Answer

In the name of Allah, Most Gracious, Most Merciful

Assalaamu `alaykum waRahmatullahi Wabarakatoh

If the firm deals in all types of investments like interest, gambling and other Haraam related investments, it is not permissible for you to continue employment in such a firm. You should look for another job. You will be excused to work there until you find an alternative.

And Allah knows best

Darul Iftaa

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