{"_id":"668da01b0b76658b4c232e59","title":"{\"ops\":[{\"insert\":\"Is it permissible to invest in stocks and crypto?\\n\"}]}","question":"{\"ops\":[{\"insert\":\"Is it permissible to invest in stocks and crypto? Is it wrong to be making money off others' money?\\n\"}]}","answer":"{\"ops\":[{\"insert\":\"Buying stocks is halal as long as the company does not engage in any haram business or riba.\\n\\nAs for crypto, there are fatwas out there for and against it. My personal stance is that it is not permissible to trade in them because of their highly speculative nature, absence of substantial value and practical utility as a currency, environmental implications, their use for illegal activity, among other reasons. Ultimately, the current state of crypto appears to be a huge scam.\\n\"}]}","tags":[{"_id":"68a505f82cc850e0af1037be","tag":"Finance: Investments & Trading","count":16}],"createdOn":"2024-07-09T20:39:55.992Z"}