Is Over-the-counter (OTC) halal?

Investment Questions and Chats General Investment
#1

Salam alaikum warahmatullahi wabarakatuh,

Is Over-the-counter (OTC) halal?

Jazak Allah khair!

#2

Assalaamu alaykum,

There are two ways to trade: OTC and exchanges.

OTC trades are usually for forwards and futures. They are not Shariah compliant.

Of course, we need to see the product that is being traded OTC before a definitive answer.

Allah knows best

1 Like
#3

وعليكم السلام ورحمة الله وبركاته

Jazak Allah khair!

#4

Assalaamu Alaykum

Thank you very much for your answer. Allah blesses you.

I was investing S-Group investment found (S-Group: British investment fund | directions S-Group) in 2021.
I asked about Halal or Haram this process in telegrams groups of the company.
I fill that 99% is Halal. but it is not 100%.

Please could you inspect this found that Halal or Haram?

The best regards
Ulugbek Hojimatov
chustman26@gmail,com
Uzbekistan