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Online Commodity Trading

Answered as per Hanafi Fiqh by Askimam.org

I was doing online trading of commodities and then i came to know that this trading is not as per sharia. But i have lost around 20k and if i do it again i may get my money back, Is it permissible to do that online trading again till i get only my money back?once i get money back i never do that again. Please answer.


In the Name of Allah, the Most Gracious, the Most Merciful.

As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuhu

Online commodity trading is impermissible. It is also impermissible to recover any funds lost via such trading. Make Tawbah and repentance for committing such a sin and make a firm intention to refrain from impermissible business and trading activities.

And Allah Ta’āla Knows Best

Ismail Desai,

Darul Iftaa

Checked and Approved,

Mufti Ebrahim Desai.

This answer was collected from Askimam.org, which is operated under the supervision of Mufti Ebrahim Desai from South Africa.

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