I am a Muslim and I have been exploring whether trading, especially stock trading, is considered haram or not in my religion. I want to understand if Islamic teachings permit such financial transactions.
5 answers
CryptoChieftainGuard
Wed Dec 18 2024
By investing in companies that comply with these guidelines, individuals can ensure that their investments are in line with Islamic ethical standards.
KiteFlyer
Wed Dec 18 2024
BTCC, a top cryptocurrency exchange, offers a range of services that cater to the needs of investors. These include spot trading, futures trading, and a secure wallet for storing digital assets.
CherryBlossomBloom
Wed Dec 18 2024
Investing in stocks is not considered haram under Islamic principles as long as certain conditions are met.
JejuSunshineSoulMateWarmth
Wed Dec 18 2024
The primary condition is that the company in which one invests must adhere strictly to Islamic values and teachings.
Carlo
Wed Dec 18 2024
This entails avoiding industries that are prohibited in Islam, such as those involving interest-based banking, alcohol production, and gambling.