Is it permissible to buy and sell precious metals and commodities on the market ?
Fatawa Question
I am interested in trading precious metals and commodities on the market and wanted to know if this is Halal. Looking at the market they seem to sell silver based on GBP. Am I allowed to buy and sell these items in the same way shares are bought and sold, in order to gain a profit when the price increases ?
Fatwa
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Publisher
al-Qalam Shariah Scholar Panel
Publication Date
2014-06-09
Country of Publication
United Kingdom
Main Subjects
Topics
No. of Pages
1
Data Type
Fatawa
Language
English
Record ID
BIM-726359
American Psychological Association (APA)
al-Qalam Shariah Scholar Panel (Manchester, England). 2014-06-09. Is it permissible to buy and sell precious metals and commodities on the market ?. . Manchester England : al-Qalam Shariah Scholar Panel.
https://search.emarefa.net/detail/BIM-726359
Modern Language Association (MLA)
al-Qalam Shariah Scholar Panel (Manchester, England). Is it permissible to buy and sell precious metals and commodities on the market ?. Manchester England : al-Qalam Shariah Scholar Panel. 2014-06-09.
https://search.emarefa.net/detail/BIM-726359
American Medical Association (AMA)
al-Qalam Shariah Scholar Panel (Manchester, England). 2014-06-09. Is it permissible to buy and sell precious metals and commodities on the market ?. Manchester England : al-Qalam Shariah Scholar Panel.
https://search.emarefa.net/detail/BIM-726359
