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 on something and you win or loose the bid and money. And in stock market it is like you have a share in a business and of-course business can have profit/loss resulting profit/loss of yours. They are technically very different things though both have profit/loss at the end.
Can anyone tell me if my thought is correct and according to Islam there is no haram in investing in the stock market?