Questions tagged [trading]

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

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Is Short Selling Crypto Haram?

Selam Aleykum, My question is regarding the borrowing of Crypto from a broker, selling it in the market and giving it back to him plus a fee. I read in another fatwa that paying an extra fee when one ...
Reversed_Technique's user avatar
0 votes
0 answers
24 views

Zakat and Interest Free Forex Trading

I have two questions. 1- I have deposited a certain amount with a developer in a European country to get the immigration as per the laws of that European country. The rule is that the money will stay ...
Zahid Latif's user avatar
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0 answers
38 views

Is forex trading on iq option Halal or Haram?

can forex trading be considered halal if you sell and buy on the same day? I have been researching on this and some people say it is okay because you don't have interest in an Islamic account.
Areeb Khan's user avatar
0 votes
0 answers
1k views

is investing in synthetic indices like boom and crash halal?

Boom and crash like boom 1000 and 500 index and crash 1000 and 500 indexes are a popular way of trading in synthetic indices often traded in meta trader. the trading method is very much similar to the ...
Umar KHAN's user avatar
2 votes
1 answer
75 views

As a beginner in trading, I would like to know types of online trading to avoid [closed]

Which types of online trades are haram? I would like to know under which basis trading for stocks, and similar types of trading are haram.
Jahan Zaib's user avatar
2 votes
0 answers
105 views

Is Day trading (cryptocurrency) haram?

I've read that buying and selling of something you don't possess is haram however cryptocurrency is different than stocks trading as you don't have to wait for t+2 days for the settlement of the stock....
Masood Khan's user avatar
3 votes
1 answer
9k views

Is crypto future trading halal or haram?

I recently started exploring crypto and noticed that exchange like Binance.com offers future trading on their platform. So I want to know if this is halal or haram? Binance clearly mentioned in their ...
Iftikhar uddin's user avatar
0 votes
2 answers
1k views

Is it permissible to invest in indices?

Is it permissible to invest in indices like the dow jones and S&P 500?
Mostafa's user avatar
2 votes
1 answer
174 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 ...
Ahmad Ismail's user avatar
1 vote
1 answer
1k 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 ...
Kamran Ahmed's user avatar
1 vote
1 answer
6k 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 ...
Rashad's user avatar
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1 vote
0 answers
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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 ...
Adel M's user avatar
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1 vote
3 answers
3k 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 ...
user24304's user avatar
1 vote
0 answers
628 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 ...
user avatar
-1 votes
1 answer
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?
Sparkle's user avatar
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5 votes
1 answer
27k 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 ...
Murshid Hussain's user avatar
5 votes
1 answer
15k 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 ...
Missing Chromosome's user avatar
5 votes
7 answers
25k 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 ...
Mohamed's user avatar
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13 votes
4 answers
50k 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 ...
geogeek's user avatar
  • 203
2 votes
1 answer
358 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 ...
halima's user avatar
  • 121
0 votes
2 answers
599 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." ...
ayub's user avatar
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5 votes
2 answers
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 ...
Muhammad Abdullah Sherwani's user avatar
5 votes
2 answers
2k 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 ...
user3988's user avatar
3 votes
2 answers
210 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 ...
DJClayworth's user avatar
12 votes
11 answers
59k 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 ...
Syed's user avatar
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5 votes
1 answer
3k 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 ...
user3550's user avatar
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3 votes
2 answers
2k 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 ...
Muhammad Sholihin's user avatar
8 votes
3 answers
3k 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 ...
mtk's user avatar
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8 votes
2 answers
41k 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 ...
Noah's user avatar
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2 votes
3 answers
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 ...
PracticingFerret's user avatar
9 votes
13 answers
206k 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 ...
Inshan's user avatar
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