Questions tagged [trading]

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

Filter by
Sorted by
Tagged with
1
vote
1answer
64 views

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

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 ...
12
votes
10answers
36k 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 ...
0
votes
0answers
10 views

Is it haram to trade for someone else with my skills and get commissioned

I am a forex trader but I stopped trading because it was said its haram to forex trade. But can I sell my skills like I trade for someone else and get salaried for it will it be haram??
2
votes
1answer
78 views

Overpricing During Crisis

During this corona virus crisis, The price of mask has increased 2000% in our country. Hand Sanitizer price has risen 200%. Is it permissible in Islam? I know there are some exceptions in case of ...
1
vote
1answer
198 views

Shariah Compliant Investment Holding Term/Duration

I've referred to a lot of blogs, articles and documentation about shariah compliance in stock market investments but have failed to find the limits about the minimum duration to hold on a stock before ...
0
votes
0answers
277 views

Is margin Trading Permissible?

I don't usually trade by taking leverage, But I did refereed my some friends to that exchange So I make some $1-2 And doesn't makes any difference if i lost those since I'm not doing Margin trading ...
5
votes
1answer
25k 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 ...
2
votes
1answer
287 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 ...
5
votes
7answers
21k 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 ...
1
vote
1answer
4k 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 ...
4
votes
1answer
13k 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 ...
1
vote
3answers
2k 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 ...
12
votes
4answers
43k 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 ...
1
vote
0answers
654 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 ...
9
votes
13answers
183k 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 ...
5
votes
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 ...
8
votes
3answers
2k 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 ...
1
vote
0answers
210 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 ...
5
votes
2answers
876 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 ...
5
votes
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 ...
-1
votes
1answer
3k 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?
0
votes
2answers
440 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." ...
8
votes
2answers
38k 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 ...
2
votes
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 ...
3
votes
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 ...
3
votes
2answers
163 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 ...