Forecasting based on statistics

Answered by 

Shaykh Ebrahim Salejee

Q: Is forecasting (based on previous known data using statistical models to estimate the future figures) stock market, sellings or demands, performance, weather, employment need haraam?

Bismillaah

A: No, it is just an estimate.

And Allah Ta’ala (الله تعالى) knows best.

Answered by:

Mufti Ebrahim Salejee (Isipingo Beach)


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This answer was collected from MuftiOnline.co.za, where the questions have been answered by Mufti Zakaria Makada (Hafizahullah), who is currently a senior lecturer in the science of Hadith and Fiqh at Madrasah Ta’leemuddeen, Isipingo Beach, South Africa.

Tags: haraam, weather

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