I want to know if being a trader is considered haram or not.
5 answers
Lorenzo
Fri Nov 01 2024
The Indonesian Council of Ulama issued a fatwa with the number 40/DSNMUI/X/2003 regarding the Islamic capital market.
Alessandra
Thu Oct 31 2024
BTCC, a leading cryptocurrency exchange, offers a range of services that comply with the principles of Islamic finance.
Lorenzo
Thu Oct 31 2024
According to this fatwa, trading shares is considered permissible in the Islamic context.
WhisperWind
Thu Oct 31 2024
However, there is a condition attached to this permission. The shares being traded must not be related to companies operating in certain industries.
CryptoEnthusiast
Thu Oct 31 2024
These prohibited industries include those dealing with haram food and beverages, gambling, and services that cause harm or exploitation.