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MKTX

MarketAxess Holdings

DOUBTFUL
Score: 63/100
stock

Is MKTX Halal?

Bond trading platform with concerns over interest-based securities.

What You Should Know

MarketAxess operates electronic trading platform for fixed income securities. While platform business may be permissible, facilitates trading of interest-bearing bonds raising Sharia concerns.

⚠️ Concerns

  • •Facilitates interest-based bond trading
  • •Revenue tied to riba instruments
  • •Mixed scholarly opinions

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