answersLogoWhite

0

Is the trading of shares Halal?

Updated: 9/16/2023
User Avatar

Wiki User

14y ago

Best Answer

Absolutely. Trading of shares involves the risk of losing money as well as gaining profit and the person needs to do extensive research in making investments in the stockmarket.

Thus the profit gained from stock exchange is purely Halal (unlike the interest from banks)

User Avatar

Wiki User

14y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Is the trading of shares Halal?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Trading share is halal or ha ram?

The permissibility of trading shares in Islam depends on the nature of the stocks and the company's activities. Trading shares is generally considered halal if the company's business aligns with Islamic principles, avoiding industries like alcohol, gambling, and usury. However, it's essential to consult with a knowledgeable Islamic scholar or a financial advisor familiar with Islamic finance for specific guidance.


Drzakirnaik is shares are halal or haram in Islam?

dr zakirnaik is shares are halal or haram in Islam


Shares are halal or haram?

Provided the principle is only to share in profits, nothing in the share deal involves interest and the business in which the shares are held is not involved in anything haram, holding the shares are halal.


What type of volume is there when trading shares via the internet?

Trading shares online is the same as trading shares in person or through a broker. You are able to trade an unlimited amount of shares via the internet.


Where would a starting trader go for trading shares?

A starting trader would go for trading shares by visiting companies that deal with trading shares. Companies, such as cityindex, onetwotrade and others to find out information on how a trader, who is just starting should get trading shares.


What is delivery-based trading?

Delivery based trading is normally considered as a safer approach for trading in shares when compared to day trading. Delivery based trading involves buying shares on a market day and selling them only after receiving the delivery of those shares in demat account.


Is online trading halal?

There is nothing wrong with online trading or trading face to face as long as one obeys the rules of Islamic dealing.


Is octopus halal?

Since Octupus is not an insect and not a sea predator, it is halal because it shares the same appearance as a squid. It is safe to eat and it is halal 100%. Be sure to remove the dark poison before eating it.


Is trading forex halal or haram?

is forex trading halal or haram is good question1 : equal opportunity or equal chance or gain or loss is halal2: you can earn same amount of money or loss itbut you should do it by your self .no continuous profit always sameso its halal equal loss and profit


What is the 'float' in stock trading?

The total number of shares publicly owned and available for trading. Restricted shares are not included in the total number of shares available or "float" If a Company has 20 million total shares and 2 million of them are restricted shares the total float would be 18 million.


What is Internet share trading for?

Internet share trading is for trading shares and stocks online. It is much easier than doing it on location and one can trade shares online any time of the day from the comfort of home.


Where can someone find information on trading shares?

One of the best and more reliable place to learn about trading shares would be consulting a local financial adviser. There are many different companies that would be more than willing to work with someone to help them make educated decisions when trading shares.