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Is Trading in Gold Permissible?

Financial Transactions,Buying and Selling,Is Trading in Gold Permissible?

Fatwa No :
85638
| Date :
0000-00-00
معاملات / مالی معاوضات / خرید و فروخت

Is Trading in Gold Permissible?

What do the honorable Muftis say regarding this issue: What is the ruling on trading in gold? A detailed answer is requested in the light of the Qur’an and Hadith.

الجوابُ حامِدا ًو مُصلیِّا ً

Trading in gold is undoubtedly permissible, but just like other types of business, it has various forms. Therefore, if the ruling of a specific form of gold trade is sought, its details should be written and the Shariah ruling can then be inquired accordingly.

مأخَذُ الفَتوی

کما فی الدر المختار: (هو) لغة الزيادة. وشرعا (بيع الثمن بالثمن) أي ما خلق للثمنية ومنه المصوغ (جنسا بجنس أو بغير جنس) كذهب بفضة الخ (5/257)۔

And Allah knows best
Darulifta Jamia Binoria Aalamia

Fatwa No 85638 Verify Now
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