-
CFDs Vs Gambling
Assalam Alaikum, In Previously Asked Questions You Declared That It Is Permissible To Trade CFDs of Forex If Riba Is Not Involved, My Question Is The, Does CFDs resemble with gambling, because in a cfd you aren’t owning any currency, you are essentially entering in to the contract to exchange the difference between the opening price of currency and closing price of the currency, there is nothing to deal with ownership, isn’t it gambling?
-
1 Reply
-
CFDs Vs Gambling
updated 9 months, 3 weeks ago
2 Members
·
1
Reply
-
Please watch this video, it may help understand the principle
https://www.facebook.com/watch/?v=1345562486117633&vanity=javedahmadghamidi
Sponsor Ask Ghamidi
Please sponsor Ask Ghamidi so that we can continue to provide and improve this community platform.
In the last 1900 days, 9,009 registered users have posted 65,452 messages under 19,012 unique topics on Ask Ghamidi.
