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Fatwa – Share options and warrants

Answered as per Hanafi Fiqh by Darulihsan.com

Q: Are share options and warrants permissible in Shariah?

A:

Options and warrants go against the basic Islamic Economic principles and are hence not permissible in the Sharia.

Mufti Shafiq Jakhura
Iftaa Department, Darul Ihsan Islamic Services Centre

Original Source Link

This answer was collected from DarulIhsan.com. It’s the official website of Darul Ihsan, which is an Islamic organisation (PBO) based in Durban, South Africa.

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