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CAPITAL GAINS...HALAL or HARAM???

 
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CAPITAL GAINS...HALAL or HARAM???
Pracs
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#6
10-27-2004, 04:28 PM
I think trading is 'haram' as long as it is on the lines of 'speculative trading' where the trader buys and sells in advance and settles his account on a certain future date. In which case, he does not own the scrip and sells/buys its before the deadline for it expires.

Going by mere logic the regular trading may not be haram since you buy a product (with its risks and rewards) and sell it.

I have not come across on any fatwas on this issue so far..

"Allah does not change the state of people unless they change what is within themselves" Quran 1311
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Messages In This Thread
CAPITAL GAINS...HALAL or HARAM??? - by idreesdurrani - 10-26-2004, 04:26 PM
[No subject] - by smraza - 10-26-2004, 10:03 PM
[No subject] - by Ehrar_ACMA - 10-27-2004, 04:36 AM
[No subject] - by Huma - 10-27-2004, 04:47 AM
[No subject] - by derivativetrader - 10-27-2004, 07:39 AM
[No subject] - by Pracs - 10-27-2004, 04:28 PM
[No subject] - by idreesdurrani - 10-27-2004, 07:16 PM
[No subject] - by idreesdurrani - 10-27-2004, 07:23 PM
[No subject] - by smraza - 10-27-2004, 09:22 PM
[No subject] - by Huma - 10-27-2004, 10:41 PM
[No subject] - by Ehrar_ACMA - 10-28-2004, 03:28 AM
[No subject] - by idreesdurrani - 10-30-2004, 04:18 PM
[No subject] - by idreesdurrani - 10-30-2004, 08:08 PM
[No subject] - by idreesdurrani - 11-04-2004, 07:48 PM
[No subject] - by Bowman - 11-05-2004, 02:33 PM
[No subject] - by Bowman - 11-05-2004, 02:45 PM
[No subject] - by idreesdurrani - 11-05-2004, 08:30 PM
[No subject] - by Pracs - 11-07-2004, 08:33 PM

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