-
Islamic Ruling On Financial Industry: Stock Exchange, Forex, Indices Etc
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
-
4 Replies
-
Islamic Ruling On Financial Industry: Stock Exchange, Forex, Indices Etc
updated 1 year, 9 months ago
2 Members
·
4
Replies
-
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, haram business etc.) which can be pointed out in any particular transaction in this regard.
Investment in a company whose primary revenue-generating activity is permissible but it also earns interest through term deposits in a bank or other investements in banks as part of its financial management plan, would not be considered prohibited in a direct sense. Since primary activity of such a company is Halal, therefore, one can invest in such a company. However, if one finds a better investment alternative, where even this kind of interest earning activity can be gotten rid of, then it is recommended to prefer that alternative.
-
-
Please refer from 00:00 to 00:53
-
Sponsor Ask Ghamidi
The discussion "Islamic Ruling On Financial Industry: Stock Exchange, Forex, Indices Etc" is closed to new replies.
