A question regarding the permissibility of the ExpertOption game in Islamic law.
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1 Answer
Peace be upon you.
Grand Ayatollah Sayyid Khamenei (may Allah protect him):
If it is merely a game as mentioned in the question, then if it involves gambling or betting, or leads to harmful consequences such as forbidden viewing, forbidden conversation, or inciting desire in any form, it is not permissible. If it is a type of trading in the stock market, then generally speaking, if the activity in the stock market adheres to the relevant laws and Islamic standards (such as being free from usury and not involving shares of companies engaged in forbidden activities like alcohol or pork), there is no issue with it.
Source: Special Inquiry + Official Site, Q 9
Grand Ayatollah Sayyid Sistani (may Allah protect him):
If it is merely a game as mentioned in the question, and it is not a gambling game and is free from betting, it is permissible unless it falls under a prohibited secondary title.
Young people should choose to entertain themselves with activities that do not lead to addiction, which would result in wasting their time and future. The primary concern in life should be timely study followed by serious work in a profession to establish a family and earn a livelihood.
As for trading in the stock market, there is no issue in itself, but it is necessary to observe the conditions for the permissibility and validity of transactions, including:
1. It is not permissible to partner with companies and banks that deal in usury with those from whom it is not permissible to take an increase, as participating in their capital means entering into their usurious transactions unless one declares their disapproval of participating in them.
2. It is not permissible to partner with companies that invest their funds in forbidden areas such as selling alcohol, etc.
3. It is not permissible for both the sold item and the price to be debts owed before the contract, nor is it permissible for both to be deferred in the contract, as selling debt for debt is invalid.
May you be successful in all good.