Fatwa Explorer

Fatwa #97413 October 2000Pakistan

Can one invest in spots commodities investment that take advantage of price exchange?

Question

In spot commodites investment, the investor does not deal with the physical goods but only deal with price?

Answer

It is not permissible to invest in spot commodities.

And Allah Ta`ala Knows Best.

Was salaam

Mufti Ebrahim Desai

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