03-24-2006, 04:42 AM
<blockquote id="quote"><font size="1" face="Verdana, Tahoma, Arial" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by Ice_Blue</i>
<br />very short term investment in the stock exchange can also be perceived as 'gambling'. it all depends on your perception(and/or intentions).
example
case 1 u throw a dice and bet that if it rolls a 4 u'll get a return on ur money otherwise u lose.
case 2 u close ur eyes and pick a stock to invest. if the price goes up u'll win, otherwise u can lose.
whats the difference b/w the two cases ?
Ice Blue
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
Hello Ice Blue,
1. Betting is totally different because when you bet either you lose all of your money or win lot of money.
2. When you buy shares in company either you lose some/lot of your money or you get some/lot of profit and you never lose all of your money.
(I also donât have enough knowledge of Islamic finance but my above comments make sense for me)
<br />very short term investment in the stock exchange can also be perceived as 'gambling'. it all depends on your perception(and/or intentions).
example
case 1 u throw a dice and bet that if it rolls a 4 u'll get a return on ur money otherwise u lose.
case 2 u close ur eyes and pick a stock to invest. if the price goes up u'll win, otherwise u can lose.
whats the difference b/w the two cases ?
Ice Blue
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
Hello Ice Blue,
1. Betting is totally different because when you bet either you lose all of your money or win lot of money.
2. When you buy shares in company either you lose some/lot of your money or you get some/lot of profit and you never lose all of your money.
(I also donât have enough knowledge of Islamic finance but my above comments make sense for me)
