Trading is an action of engaging in a trade/business/commerce.

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60 views

Zakah on plots of land with the intention to resell in the future

As-salamu alaykum, Do you need to pay zakah every year on a plot of land if the intention at the time of purchase was to resell, maybe 10 or more years, in the future ? On askimam.org they say that ...
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1answer
64 views

Is binary option with an islamic account (No Riba and swap-free) Halal or Haram?

Assalmo Alaykom, Lately I discovered the Binary Option system, with a little bit of research I found companies who offer an Islamic Account to trade. However when I searched on the Internet to find ...
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2answers
122 views

Is trading Bitcoins/Altcoins Halal or Haram? (sunni view)

I would like to know if trading with Bitcoin and altcoin to make profit is halal ? I've searched for the subjet but I only found different opinions for currency trading. I think that crypto-currency ...
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1answer
120 views

Buying online a product that might be out of stock

Most of online stores mention in their terms of service that they cannot guarantee that a product is in stock at the time of the customer's order. Which means that when shopping online, I may be ...
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1answer
30 views

Is trading dead animal fat prohibited for muslims?

Narrated Jabir bin 'Abdullah: I heard Allah's Apostle, in the year of the Conquest of Mecca, saying, "Allah and His Apostle made illegal the trade of alcohol, dead animals, pigs and idols." The ...
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1answer
131 views

Is Online Forex Halal?

I've read a lot of articles, hubs, discussions about online forex trading being halal or not. And I got to 3 points/problems that if these (below) are solved, then it would be halal. Interest at ...
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2answers
106 views

Does something bought have to be physical?

The question Is real (physical) money traded during online trading? says In Islam, it is a common ruling that the product that a person buys should exist physically. It seems to me that this ...
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3answers
2k views

Investing in stock OPTIONS halal? or haram? or ambigious

I live in North America and work for a IT company. Alhamdulillah I make quite a bit of good living with little or no saving. A friend of mine who is or seems to be a good practising muslim, introduced ...
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0answers
302 views

What is the Islamic definition of 'trading' - Sunni view?

What is the Islamic definition of trade? I understand that Zakaat is not paid on Diamond jewelry, as long as the diamonds are not bought for trading purposes: Shaykh Ibn Baaz (may Allaah have ...
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2answers
257 views

Credit Sale and Purchase of Law In Islam

There are so many companies which provide us the convenience to have any product by way of crediting. The question is whether the crediting are allowed in islam stuff? If allowed What percentage of ...
2
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0answers
341 views

Which kind of financial trading is permissible in Islam?

I heard dual views over stock trading, insurance and other kind of financial components. Many a times it also comes forward that the complete system is working on interest only, hence there is nothing ...
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2answers
9k views

Is buying or selling forex, commodities and stock indices halal in Islam?

Websites like eToro offer services where you can buy and sell currencies, commodities(gold, silver, oil, etc.) and indices(SPX500, NSDQ100, DJ30, UK100, FRA40, GER30, etc). It's basically an online ...
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2answers
1k views

Are shares Halal?

The company that employs me are offering me shares in the company. I pay in on a regular basis. I don't see anywhere about interest, but they will be subject to the market price of the company. Are ...
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11answers
16k views

Is investing on stock market Haram?

Recently while talking to a non-muslim person he said "stock market is nothing but gambling". And I have met many people with same thought. As per my understanding Gambling is something where you bid ...