Questions tagged [trading]

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

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Relating to Money in 4:29

I have a few questions Related to the ayah quoted above: What does it exactly mean to sell your products based on falsehood or cheating? Suppose you have a monopoly of a product then you are the ...
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1answer
1k views

IQ Options (Haram or Halal) [closed]

Assalamu Alaikkum Warahmathullahi Wabarakath, I'm a devoted muslim. After several studies i found out a solid way to earn money through online. Before getting into action, i want to know whether it ...
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1answer
51 views

Is exchanging currency through internet is considered as “hand to hand”?

Salam Aleikom, Islam has put two rules when exchanging currency, which one of them is that it should be hand to hand transaction. These days people are using internet and mobile applications, this ...
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0answers
531 views

Is buying cryptocurrencies on websites like EToro halal?

Salamualeikum brothers and sisters, I am studying IT security and came across cryptocurrencies (like Bitcoin, Ethereum etc.). Now Bitcoin is everywhere in the news and I recently decided to invest ...
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3answers
1k views

Is binary option trading halal?

I want to know about binary option trading. In this trading a person predicts that if the currency goes up in the next 1 minute to 1 day, then one will buy and if one's prediction is correct one gets ...
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0answers
172 views

Is buying/selling signals (trade suggestions) halal?

Well the signals are predictions made by professionals or not normal people in the trading field (people rating them will determinate that). So when someone is well rated he can sell his signals for ...
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1answer
2k views

Is forex trading halal from an Islamic account? [closed]

Due to a lot of confusing answers I would request for a clear answer please to my question: Is forex trading halal from an Islamic account which is swap-free?
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1answer
22k views

Is a multilevel marketing business with a binary plan halal?

Binary multilevel marketing (MLM) is where the MLM company deals with a number of useful products (clothes, books , health related products) including insurance policy. To enroll in it, one has to ...
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1answer
12k 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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7answers
19k views

Is Binary Option from an Islamic account (No riba and swap-free) halal or haram?

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 if this kind of ...
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4answers
42k 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 subject but I only found different opinions for currency trading. I think that crypto-currency ...
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1answer
274 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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2answers
407 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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2answers
2k views

Is Online Forex Halal? [duplicate]

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
622 views

Is earning money by carrying other people's gold allowed in Islam?

Nowadays, many people are trying to find shortcuts to earning money. The Indian government has recently imposed a number of restrictions on the import of gold, but has exempted certain people who ...
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2answers
149 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 would ...
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10answers
25k 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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1answer
2k 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
1k 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 ...
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3answers
938 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
36k 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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3answers
5k 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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13answers
162k views

Is investing in the 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 ...