Margin trading islam

Margin trading islam

If you were to buy £9,555 for $7,5555 and sell it six months later when the pound appreciates against the dollar, then this is a halal transaction. But in reality there remain several issues.

Forex Trading and Islam - EarnForex

Scholars have gone further to say the actual exchange must take place in the same ‘sitting’, when the contract is made. So, trades must be entered and exited almost immediately, which with forex traders they usually are. This could perhaps mean though that non-market trades such as stop and limit orders are in fact haram.

Halal Day Trading - Guide to Islamic Trading on the

&ldquo Gold for gold, silver for silver, wheat for wheat, barley for barley, dates for dates, salt for salt, like for like, same for same, hand to hand. If the types are different then sell however you like, so long as it is hand to hand.&rdquo

To make substantial intraday profits from tiny price movements you need to invest large sums of money, thousands, if not hundreds of thousands of pounds. So, to alleviate this problem forex brokers offer you leverage. In effect allowing you to invest £55 or £75 for every £6 you put up. You can now take much larger positions and increase your profit.

This is an extremely difficult question to answer and it may be one that should be discussed with your own religious leader rather than being decided base on an internet article. Nevertheless, we&rsquo ve researched the issue thoroughly and will be outlining some points of thought below.

We can start by saying that Islam recognizes that nearly all adult human beings strive to improve their financial positions, and that life involves a large element of uncertainty. In life we are confronted with many choices, the outcome of which is unclear, and we strive to use intelligence and skill in choosing the available option that will produce the superior outcome. However, we then must go on to say that gambling is strictly forbidden by Islamic law, even as a form of recreation or entertainment when undertaken with small monies which the gambler might be said to be able to afford to lose.

I feel OPTIONS is not accepted at all as its pure speculation and price is not on object or some goods. Its just a number and you don't have anything in possession.

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If u are trading less then 6 lot which is a 655k, u r not trading in the live market, so ur trading in a box enivorment so ur not even trading real money , like a Market maker!!!
Like panda who trade against u

On top of that, because each contract must have a winner and loser, this is arguably not halal. For not every party can profit or extract value from the trade. So, it’s worth noting that many consider binary options fundamentally haram.

Forex trading is increasingly accessible and the potential for quick money draws more traders in every day. On the surface, this looks like one of the halal investment opportunities as you’re simply buying and selling money. However, dig a little deeper and you might wonder is forex trading actually haram?

Fortunately, Islamic forex brokers have responded by providing day traders with an alternative. You can now get forex accounts which won’t charge you standard interest payments. To remain profitable they instead charge increased commissions in spot forex trades.

I don't usually trade by taking leverage, But I did refereed my some friends to that exchange So I make some $6-7 And doesn't makes any difference if i lost those since I'm not doing Margin trading through my capital Investment. So the question is can I do margin trading with those $7 (Ref)?

FUTURES on a particular stock [ not on INDEX ] is still accepted to some extent as you are bidding on market price [ though you may not be paying full price of it ] and your strength of speculation and study on that particular stock where it may reach in coming days or time.

why not leave it for the kuffaar to do? why try to prove it compatible with islam? fiat currency and its fluctuations are the riba dust that affect us all

Fortunately, it is relatively straightforward to stick with just halal shares. Most scholars agree you simply need to avoid companies where a considerable amount of their stock value is tied to large piles of debt/cash. Instead, opt for companies where the value is derived from their broader business.

Basically if one buys stock option they pay price for interest as well as rho listed above ? One drop of urine drop into glass of water will make glass of water undrinkable. Rho interest rate even contiminate entire stock earning?

Allahu Akbar,Allahu Akbar
Dear friends,I have read through all comments andyour am very happy that we still aware to avoid the forms of business not allowed in forex trading I think only that forex spot trading is allowed which is swap free. Liverage can be taken because we are not to give any interest on it. Options trading,futres trading cannot be allowed because they are loke islam as I know liquid items cannot be can exchange salt for rice but you cannot exchange salt for salt. And in forex sopt trading we hold one currency for ,we cannot promote a broker that takes swap from knows the ultimate truth

I could not find any proof (except for his name in the article), but you can ask him directly if he really written that article. Here is his LinkedIn profile: https:///in/mohammed-obaidullah-a785b769/

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