20 June 2021   9. Zul Qadah 1442

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Share options and warrants

Q.A re 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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