Ask Ghamidi

A Community Driven Discussion Portal
To Ask, Answer, Share And Learn

Forums Forums Islamic Sharia Islamic Ruling On Financial Industry: Stock Exchange, Forex, Indices Etc

Tagged: , ,

  • Islamic Ruling On Financial Industry: Stock Exchange, Forex, Indices Etc

    Posted by Sohail Ahmad on May 27, 2023 at 12:47 pm

    A.o.A Ghamidi Sahib.

    Allah app ke koshish ku jaza e khair say nawazy. Mera sawal Trading say mutaliq hai. Ajj kal say nae, balkeh Ashru pehlay trading start howi hai american aur european context may jahan stock exhanges waghira aur buht say or aqsam b hai. Likn Internet na es ku pelaya. Chunki paisa kamana yahi par baghair elam kay mumkin he nahi hai. Likn hamary ulema margin, leverage, forex, indices waghira par koi clear aur usuli muawaqaf apna nai sakay. Ab may agar kisi ka haq maray baghair, zulam key baghir appnay bachon ku acha mahool day saktha hun tho meray khyal may ye infiradi nuqta nazeer say buri bath nae, likn sharaee ahkam keya hain es barry may.

    JazakAllah

    Umer replied 1 year, 5 months ago 2 Members · 4 Replies
  • 4 Replies
  • Islamic Ruling On Financial Industry: Stock Exchange, Forex, Indices Etc

    Umer updated 1 year, 5 months ago 2 Members · 4 Replies
  • Umer

    Moderator May 29, 2023 at 8:31 am

    Islam requires Tazkiya through refinement of morals primarily and in financial matters, the basic principle is to not devour one another’s wealth by wrongful means (‘لَا تَأْكُلُوا أَمْوَالَكُمْ بَيْنَكُمْ بِالْبَاطِلِ‘ [Quran 4:29]).

    Therefore, by default, all economic transactions are permissible whether it be Forex, Stock Exchange, Indices etc. unless there is any moral problem (unfairness, deception, fraud etc.) which can be pointed out in any particular transaction in this regard.

    https://youtu.be/b5-JhLEVWG4

  • Umer

    Moderator May 29, 2023 at 8:31 am
  • Umer

    Moderator May 29, 2023 at 8:32 am

    Please refer from 00:00 to 00:53

    https://youtu.be/XlTUBU0oEbY

  • Umer

    Moderator May 29, 2023 at 8:32 am

The discussion "Islamic Ruling On Financial Industry: Stock Exchange, Forex, Indices Etc" is closed to new replies.

Start of Discussion
0 of 0 replies June 2018
Now