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Recordings › Monday Nights with Mufti #201| Q&A Unscripted & Unrestricted! 😉 | Mufti Abu Layth · 9 Feb 2021 › Segment 23 of 37

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Is trading covered calls on stocks halal?

muftis halaal permitted lawful haraam forbidden koran quraan al-quran

Are covered calls in stocks halal?

QuestionLive chat · questioner not identifiedAnswered 9 Feb 2021Monday Nights with Mufti Abu LaythSegment 23 of 37 in the recording2021-02-09-S23

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This segment1:54:38 to 1:55:56 · 1 min 18 sGeneral teaching

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Mufti Abu Layth says covered calls are halal, and he does not consider any of today's regulated trades haram.

In more detail

A super chat asks whether covered calls in stocks are halal. Mufti Abu Layth says these things are halal and that he does not feel any of today's trades are haram. Mufti explains that they operate within a framework of statutory regulation that removes the grounds the old prohibitions had, such as disputes leading to bloodshed.

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Are covered calls in stocks halal or haram?

Position stated

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Mufti Abu Layth says he does not feel any of today's trades are haram, since they operate within a framework of statutory regulation.

In his words

“i do not feel any of them are haram okay they operate within a framework and greater statutory regulations that uh protect that framework”

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Transcript

machine1:54:38 to 1:55:56 · click a time to seek · dotted terms open the glossary
1:53:59

to life as well have some mission have some you know some engagement let it let there be meaning to life not just because you know you'll get money you'll get this but you need some substance some meaning some value so that's these verses that speak about look wealth it distracts and so on it's talking about that otherwise the quran never condemns people for being rich cool i hope that makes sense people right uh is there another

1:54:37

let's see some super chats ja ah covered co what are covered calls in stocks halal right or haram asking for some friends also let me know if some if still interested in that facebook ig service on insta what's facebook ig service cello okay message me on insta and we'll pick that up there um our stocks talks these things are halal there's nothing wrong look all of these all of these trades today

1:55:17

i do not feel any of them are haram okay they operate within a framework and greater statutory regulations that uh protect that framework which therefore removes the uh tahrir which the rulings had that my youth whatever that you know things that lead to bloodshed or altercations and stuff like this you see there are laws in place to protect that now so it doesn't quite work like that so that's

1:55:55

fine um okay let me just check what else have i missed any questions fmc says mufti why is pakistan full of crazy angry religious people i thought muhammad jinah was pro-education pro-secular uh yeah he was actually but um it's sad you see it's because people they're kind of lost and confused and and and really you know you see it's it's a complicated process if i'm gonna be honest

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Cite this segment

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Mufti Abu Layth Archive, segment 2021-02-09-S23, auto-transcribed, may contain errors. https://muftiabulayth.org/r/l4n4wd2jjps/s/23/ (accessed 1 November 2026)

APA 7 
Mufti Abu Layth. (2021, February 9). Is trading covered calls on stocks halal? [Video, segment 2021-02-09-S23, auto-transcribed, may contain errors]. Mufti Abu Layth Archive. Retrieved November 1, 2026, from https://muftiabulayth.org/r/l4n4wd2jjps/s/23/
Chicago author-date 
Mufti Abu Layth. 2021. "Is trading covered calls on stocks halal?" Video, segment 2021-02-09-S23, auto-transcribed, may contain errors. Mufti Abu Layth Archive. Recorded February 9, 2021. Accessed November 1, 2026. https://muftiabulayth.org/r/l4n4wd2jjps/s/23/
BibTeX 
@misc{abulayth-2021-02-09-S23,
  author = {Mufti Abu Layth},
  title = {{Is trading covered calls on stocks halal?}},
  year = {2021},
  month = {2},
  date = {2021-02-09},
  howpublished = {\url{https://muftiabulayth.org/r/l4n4wd2jjps/s/23/}},
  url = {https://muftiabulayth.org/r/l4n4wd2jjps/s/23/},
  organization = {Mufti Abu Layth Archive},
  urldate = {2026-11-01},
  note = {Segment 2021-02-09-S23, auto-transcribed, may contain errors}
}
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