21 February 2020   26. Jumad-us-Thaani 1441
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Fatwa - Share options and warrants

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
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