Question
Is foreign currency trading and trading shares on platforms permissible. You get platforms that also advise you when to buy and sell currency to turn a profit. Trading is speculative as you can make or lose money. Is it permissible?
Answer
This type of trading is not permissible. Shares are haraam.
- Source
- themajlis.co.za
- Published in
- The Majlis Vol 25 No 03
- PDF page
- 4
Appears under ILYAS GHUMMAN (approximate).