There’s an important point to note though brother. The broker will charge u the same commission regardless i.e. that commission is not the cost of borrowing but rather the cost of executing the trade…I personally don’t do leverage trading just in case, but always have a doubt about this stance because of the point I just mentioned
Correct, but the leverage is providing an additional trade from which the broker can charge a commission. So the loan is a source of fees for the broker.
My brother there is a big difference between a broker and an investor. Look at it this way, if an investor lends u money he will agree if all the money is lost. But brokers will only let your money lose and not theirs. So that's why it's haram
@@bindosolo8012 but that’s the definition of lending or “Qard.” A lender in Islam can take all measures to guarantee their principal but cannot charge interest. An investor cannot guarantee their principal but is entitled to profit
Disagree with your opinion. Isn’t leverage trading just like having an investor who gives you money for your trading business. No bank will lend you money interest free to start a business. Leverage is not risky as as long as you manage risk and place an appropriate stop loss. Islamic leverage accounts may not be perfect but until some one creates a better solution i don’t see how Muslims can improve their condition just like with halal mortgages
I agree on this, if risk is managed properly and the trader was skilled enough to correctly manage that risk, then I think it's okay. even the investor lends money in expectancy of a benefit, does that make it Haram too.
i think its haram becauss of the interest we need to pay them because loan money. If broker change interest into management fee instead, I think that way is halal.
I like the fact u said it’s your opinion however here is also a big opinion { you and me no body can call something halal or haram } without any expectations
I have a question regarding this topic, I have a Revolut account, this account allows you to trade only with the cash that u have, but when you have unsettled trades, Revolut will allow u to use that amount even though it's unsettled, so it's lending you the exact amount that you're waiting for to be settled, and of course there's no interest, and of course you have to choose whether to invest that money or not. What do you think about that? It's considered like "pre-settling" your unsettled proceeds
This is a bit confusing for many reasons. 1, if the account if offering 0% margin, they are simply giving it for 0%. Now, if you take the money and don't use it on their account, why did you go there I'm the first place. It simple, if you seek their service then Abid by their rules.
Brother you can be right for rising this point but there's another question as well that gets unnoticed every time. That question is "can a halal thing be derived from a haram thing?" Let me elaborate this. Assume we want to buy some gold from our local market and they say the rate/oz is 1750$. We ask him why? He will say that this rate is coming from the trading in the international market. gold is traded from intl mkt and we get our rates from their trading. now the point is that seller is getting his rates through a comparison with the rates in intl mkt( which is 100% debt-ridden, involves different types of ribba, and even short trades are going on there ) so how come we are getting rates for our halal business through the comparison with haram businesses? why are we following haram standards for our halal businesses? even the country we live in gets its currency rates from this type of trading which in turn defines our rates for imports & exports. Will u now go to buy the imported products not to mention that those things are imported on the rates which are derived from trading with usd in international mkt. It's everywhere we have been trapped. even our halal businesses are trapped. now tell me the solution to this problem
@@vinnie8221 I have been told the answer to this question by my local religious people. According to them islam doesn't endorse the chains of sin. Instead it just stops the sin where it is happening and then it poses conditions separately on the things coming as the sin's after effects. For example eating Snake is haram. But when you don't have any other option and u are about to die of hunger then even eating snake becomes halal. So conditions in case of necessity and in case of normal routine will be treated differently. Coming to my question what options do we have against this haram system? Not a single option we have rightnow thats why we are bound to follow this system until muslims get stronger and implement their own sharia system in the world till that it will be dealt same as in the case of necessity. But they also tell one more thing... Investing or trading in Capital markets as a whole is considered haram except for the stocks which bought and sold on one's own money. Other than that everything is haram
@@themodernmuslim5985 Thank you very much. Yeah i already realized that trading is haram. There are a lot of things involved in trading that Sharia doesn’t allow. I am very disappointed tbh because analyzing financial Markets is something that i wanted to do for a living. But Allah swt knows what’s best for us.
Salaam brother. It's good that your talking about these issues. But kindly may I ask wjat qualifies you to say this is halal or haram. That is the role of our Ulama/Scholars. I'm sure regards finance your an expert or very well versed but when it comes to saying halal or haram pls make sure you mention which scholars if any at all are saying certain things are halal or haram. Also you should mention the evidences the scholars mention. It's because I 've seen a few of your vids and your just quoting some ahadeeth with your understanding. Unless your a Scholar it's better not to do that. All the best . Jazaakallahu khair
Any person investing in an idea, dose not do so out of purity, but for gain, this extends to any business not only trading. So why when the loan is interest free, would you consider it ribah if both parties stand to gain from the transaction.
Its been 2 years since I stopped studying trading as I felt after some research it was harram but my freind who introduced me ignores my advice but hopefully your video makes him see sense May Allah bless you brother
@@hamzaugali ohh i see. Yeah, forex trading is totally haram. Sheikh taqi uthmani also against forex. In my country, Malaysia, top syariah advisor also say forex is haram. I thought u said about stock trading 😅
But with negative balance protection there is no debt right? So doesn't this make it halal to use a margin that is swap free and purely on a commission? (eg: $30/lot)
if day trading using US stock broker that give us margin, can we use it? day trading does not incur any interest except holding the position for overnight and calculated on daily basis
I'm a trader , they only charge brokerage fee and it is the same amount irrespective of the shares we buy.... By the way why would someone has to do social services, of course they need a brokerage charges. Islamic banking does the same Administration fee Processing fee like that.. Then Islamic Bank would be haraam right?... It makes me think that shaitan is trying to close the halaal doors which Allah has opened... ...by no means it's interest I think..
Same here brother, I trade FX and Commodities but there’s points you can use for & against margin trading even based on the Islamic institutions Charing service fee, service fee is charged everywhere in our day to day activity but should we consider that riba aswell,
Can I buy a car 0 intrest but I have to finish 5 years if it’s more than 5 years then I interest but sure can finish before that give me answer pls tks
@@ariqkamil571 shorting stock is Haram because you selling the item without you have it .. shorting forex is same the way you long it .. example USD VS JPY ..you wanna short USD ,, meaning you buy JPY and sell it to USD
@@greenmaster2618 i wonder why etoro and other broker claiming that they are Islamic account but (maybe) actually it's haram, where tf is Arab/uae or country with the majority of muslim? they doing nothing to educate us, Riba is a big sin those country didn't protect us from Riba
@@ariqkamil571 yes i wonder why Islamic bank is halal if you borrow money even do the islamic bank ask you interest ..but change the name from interest to ( service charge ) .. forex broker mostly take interest from leverage,.. if you not borrowed money from the broker ( leverage ) , then its halal according the USA mufti ..
@@anafez8787 I don't think it is permissible, because the problem would be that you didn't receive the currency that you bought, also If w think of it as buying and selling lots instead of currencies then I think it is a basic betting so not permissible either, so better to stay away for the sake of Allah.
@@karimbalaha7498 not every type of leverage, we use leverage in our day to day activity, the guy in the video stated his opinion but that’s when they extend your credit but if you have negative balance protection this is highly unlikely to happen, don’t talk without knowledge brother very misleading
I wanted to ask I own btcup so bitcoin that rises and falls 4 times more than normal bitcoin is it considered forbidden (haram) or is it allowed does it have something to do with interest (riba) can you give advice thanks in advance
Brother, there are very less options we have to earn money as a Muslims if we are not in countries like USA or UK. I live in UAE and there is only one ETF that I know is Halal. Everyone else is margin trading. How am I supposed to get rid of stuff like bills and rents. Our dream of a secondary earning here in the middle east is impossible to say the least. Do you know of any way of Halal trading if we are in the middle east. I contacted wahed, spus, m1 finance and fidelity, the ones that you reviewed. They all say that they don't accept people from outside USA
Thanks for the video, what do you say about Forex broker swap free account ( interest free account ) they just charge commission and spread. Please share your thoughts on it
salam alikoum, you should avoid FOREX in general because its haram, if you have time please take a look at this link : ua-cam.com/video/jh_BP4MB8Fw/v-deo.html stock market are good if the stock are halal and if the broker help you to own share of stock if you buy it, Mr RAKAAN KAYALI also have some video about halal or haram trade. and please take a look at his video, and also do some search to understand why its haram because there is a lot of Misunderstood, also i question one of the broker that i have account with (not now) about if i own real share if i trade stocks the broker answer that i have just the possibility to trade in those CFD not own shares, in islam its haram its just like buy or sell something you dont own.
@@khanstudioz9543 No, it has nothing to do with leverage. The problem is that forex brokers use derivatives. You don't really buy the currency, you're only speculating where it will go. Most say that it is haram, but i dont know quite myself
So since almost all brokers charge a spread, even if it’s a swap free ac, margin trading becomes Haram. Am I right? And are there any ways by which we can trade Halal?
Bro i have question .. If i trade in Crypto on a particular exchange like binance not leverage just normal buy and sell and that exchange charge me some amount of fees for that trading.. so that fees which i paid to the exchange is also riba or not.?
Be sure of your halal or haram because your "I think " dont please me . You have to tell your subscriber the opinion of the high islamic authority Salam alikoum
brother any matter that was not directly dealt with by the Quran or Sunnah, when you're talking about Halal or Haram should fall in the category of "I think this to be true and Allah knows best". Claiming otherwise would be dishonest.
Salams. I have invested in a crypto currency that is all about margin trading and i think they are involved in interest. I am not using this company for any margin trading or interest, I have just simply invested in the company by buying their coins hoping that the coins become more valuable, is this permissible? So i bought the coins at about $1 each now these coins are worth about $2.50 so I have made a profit from the volatility of the crypto market only , I did not involve myself with their margin trading or any interest, is the money made with the volatility of the actual coin alone halal? Hope my question is clear.
Riba is haram because of the harm it does. According to your view, if my company gives interest free student loans, and it benefits through social upliftment and good publicity, then I am collecting riba. If they use the money to buy textbooks form my store, then according to you, I am collecting Riba - even though my store offers discounted rates to holders of these loans. If I followed your view, I should leave those student without loans. Let them fend for themselves. Do you believe that would make the world a better place. Would it improve their lives? Religion was not created to make life difficult. It was created to guide men to build a better world and hereafter for all. By the way, you should stop using fiat. It's based on debt. There is more riba in that $1 bill than in an interest free platform.
Salamu Aley kum brother Is proof of staking on alt coins that do NOT have Riba like business model halal? For example if my locked coins that are stacked used only for transaction confirmations ?? Jazaka Allah khair
By the way. What if I use a broker to trade and use margin/leverage and there are fees (overnight and weekend fees)? you could say that they are interested but you can also argue that it is payment for the service they're providing (I mean brokerage service, not service o lending money obviously).
That's what I thought too... You're literally using a free brokerage service. The only way this could be halal is if they cut all their profits? Doesn't make sense.
As Salam Alaikom brother, I studied this topic in depth.can u contact me as I have many things to discuss with u that may change your opinion in this issue.
Yes brother please share there are so many Muslims out there trying to change there financial situation and came across forex trading but along the way discovered it is haram Because of the interest can you please share your opinion jzkallah
Asalamu aliekum brother, could you pls inform us your opinion on this? as it seems there is always implicit riba involved, it would be great to know if there is a way us muslims with less money can benefit from these markets. Jazak Allah.
Learn binary options trading...for a newbie it's Gambling but once you have found a strategy that's making you profit at the end of the day How can you call it Gambling..... First of all you must practice on Demo account for 2-3 weeks with a strategy that's making you profit everyday(💯 of strategies out there) when you are ready move over to real account and make profits........Why is lottery, scratch cards, casino's all Gambling?... Because you don't have a strategy and you are "Hoping for the Best".....when you are convinced your strategy is working on binary options you are not "Hoping for the Best" how can you called it Gambling anymore........I heard a SHEIKH once say that one of the 4 imam's allowed Gambling in the west If you know you are going to WIN...........
Baraka app UAE is DFSA approved platform for investment in US stocks which is brokered by Drivewealth who issues LPMA (Limited purpose margin account) claiming the investor never gets back interest and to be on safe side if one refrains from advance trading rather paying before hand, will it be halal via LPMA. PLZ GUIDE ME! Kind regards
I registered in stormgain islamic account, and there is a cloud mining option which I had to click every 4 hours. I mined till I get $10, and make trading from this $10 in the future trading. There are leverage option starting from 5x to 500x. I never deposit my own money (I always use this free $10 that I received from a month of mining). My question is, is crypto trading that I done is permisible? Could you make a review on stormgain exchange application which has islamic sharia account option. Jazakallah khayr wa baarokallaahu fiik.
![Lp. Сердце Вселенной #60 РОЖДЕНИЕ ЛОЛОЛОШКИ [Финал] • Майнкрафт](http://i.ytimg.com/vi/YoR0pAV9FVQ/mqdefault.jpg)
6:11 Direct answer
You're the man
Thank you bro. Jazaak Allahu Khairan
Bharakhallah brother !
I don't understand correctly...
Is using leverage haram...?
@@Abcdshortsnaje Yes. Its haram. Coz one pays interest labeled as Fee by exchanges
There’s an important point to note though brother. The broker will charge u the same commission regardless i.e. that commission is not the cost of borrowing but rather the cost of executing the trade…I personally don’t do leverage trading just in case, but always have a doubt about this stance because of the point I just mentioned
Pls what is your broker??
Correct, but the leverage is providing an additional trade from which the broker can charge a commission. So the loan is a source of fees for the broker.
@@practicalislamicfinance as u said it would be a source of fee for the broker..... so is this fee would be considered interest(Riba)?
My brother there is a big difference between a broker and an investor. Look at it this way, if an investor lends u money he will agree if all the money is lost. But brokers will only let your money lose and not theirs. So that's why it's haram
@@bindosolo8012 but that’s the definition of lending or “Qard.” A lender in Islam can take all measures to guarantee their principal but cannot charge interest. An investor cannot guarantee their principal but is entitled to profit
Lets open an exchange that borrows money in a halal way!!
Yes
Ahah i had the same idea. 2 years later nothing new 😂 no real halal exchange 😔
Very sensible and articulate answer brother rakan. May Allah bless you and your loved ones.
Thanks brother, wayyakum.
Thank you so much this information is hard to come by. jazakallah khair
Disagree with your opinion. Isn’t leverage trading just like having an investor who gives you money for your trading business. No bank will lend you money interest free to start a business. Leverage is not risky as as long as you manage risk and place an appropriate stop loss. Islamic leverage accounts may not be perfect but until some one creates a better solution i don’t see how Muslims can improve their condition just like with halal mortgages
I agree on this, if risk is managed properly and the trader was skilled enough to correctly manage that risk, then I think it's okay. even the investor lends money in expectancy of a benefit, does that make it Haram too.
i think its haram becauss of the interest we need to pay them because loan money. If broker change interest into management fee instead, I think that way is halal.
Borrowing is a bad idea but it is not haram!
Hold on a second, a trading account of leverage 1:1 is not borrowed money, it is your money and funds 100%
الريا is hidden
@@fawwazabuhow?
I like the fact u said it’s your opinion however here is also a big opinion { you and me no body can call something halal or haram } without any expectations
What about instant deposits and instant settlement features of a broker? Are they permitted?
I have a question regarding this topic, I have a Revolut account, this account allows you to trade only with the cash that u have, but when you have unsettled trades, Revolut will allow u to use that amount even though it's unsettled, so it's lending you the exact amount that you're waiting for to be settled, and of course there's no interest, and of course you have to choose whether to invest that money or not. What do you think about that? It's considered like "pre-settling" your unsettled proceeds
This is a bit confusing for many reasons. 1, if the account if offering 0% margin, they are simply giving it for 0%. Now, if you take the money and don't use it on their account, why did you go there I'm the first place. It simple, if you seek their service then Abid by their rules.
Brother you can be right for rising this point but there's another question as well that gets unnoticed every time. That question is "can a halal thing be derived from a haram thing?" Let me elaborate this. Assume we want to buy some gold from our local market and they say the rate/oz is 1750$. We ask him why? He will say that this rate is coming from the trading in the international market. gold is traded from intl mkt and we get our rates from their trading. now the point is that seller is getting his rates through a comparison with the rates in intl mkt( which is 100% debt-ridden, involves different types of ribba, and even short trades are going on there ) so how come we are getting rates for our halal business through the comparison with haram businesses? why are we following haram standards for our halal businesses? even the country we live in gets its currency rates from this type of trading which in turn defines our rates for imports & exports. Will u now go to buy the imported products not to mention that those things are imported on the rates which are derived from trading with usd in international mkt. It's everywhere we have been trapped. even our halal businesses are trapped. now tell me the solution to this problem
This is a very good/intelligent question and i am very curious about the answer.
@@vinnie8221 I have been told the answer to this question by my local religious people. According to them islam doesn't endorse the chains of sin. Instead it just stops the sin where it is happening and then it poses conditions separately on the things coming as the sin's after effects. For example eating Snake is haram. But when you don't have any other option and u are about to die of hunger then even eating snake becomes halal. So conditions in case of necessity and in case of normal routine will be treated differently. Coming to my question what options do we have against this haram system? Not a single option we have rightnow thats why we are bound to follow this system until muslims get stronger and implement their own sharia system in the world till that it will be dealt same as in the case of necessity. But they also tell one more thing... Investing or trading in Capital markets as a whole is considered haram except for the stocks which bought and sold on one's own money. Other than that everything is haram
@@themodernmuslim5985 Thank you very much. Yeah i already realized that trading is haram. There are a lot of things involved in trading that Sharia doesn’t allow. I am very disappointed tbh because analyzing financial
Markets is something that i wanted to do for a living. But Allah swt knows what’s best for us.
Salaam brother. It's good that your talking about these issues. But kindly may I ask wjat qualifies you to say this is halal or haram. That is the role of our Ulama/Scholars. I'm sure regards finance your an expert or very well versed but when it comes to saying halal or haram pls make sure you mention which scholars if any at all are saying certain things are halal or haram. Also you should mention the evidences the scholars mention. It's because I 've seen a few of your vids and your just quoting some ahadeeth with your understanding. Unless your a Scholar it's better not to do that. All the best . Jazaakallahu khair
My question now is, if let's say, the brokers didn't give you any loan, wouldn't they still charge you for using their platform?
Any person investing in an idea, dose not do so out of purity, but for gain, this extends to any business not only trading. So why when the loan is interest free, would you consider it ribah if both parties stand to gain from the transaction.
Its been 2 years since I stopped studying trading as I felt after some research it was harram but my freind who introduced me ignores my advice but hopefully your video makes him see sense May Allah bless you brother
Why did u say trading is haram? Trading in what?
@@ahmadulhakim2604 forex
@@hamzaugali ohh i see. Yeah, forex trading is totally haram. Sheikh taqi uthmani also against forex. In my country, Malaysia, top syariah advisor also say forex is haram. I thought u said about stock trading 😅
I'm unaware of the ruling on stocks I left it all totally to find a new way In sha Allah
@Ahmadul Hakim why would forex trading be haraam?
What about 1x positions ?
That means we dont borrow any money and we are using the exact amount money what we have
What if we do future trading without leverage? If we dont take leverage we dont pay interest right?
How can i trade in halal plateform ? How can i become a trader halal?
Hello dear brothers, can i trade using margin account but with my balance only? & do i actually own the stock once i bought it!
Can you go over covered options if they're halal or not ? Thank you and may God bless you with all this help .
InshAllah
Ameen
Thank you brother, for this explanation. The implicit one is to be aware of..
Is margin trading of crypto halal or haram? Because exchanges don't charge interest they just charge their commission from your principal amount
Which platforms is that?
Assalyam Aleikum! Great job, brother!
Walaykum Salam thanks brother
Practical Islamic Finance I do the same work as you! Only in Russian!
Bro if they don't charge spread ..then how are they gonna survive
what about exchange tokens (binance,...), are they halal or haram ?
love the channel
What about day trading with stocks on margin account but not borrowing it?
I'm hoping to get an answer for this please!
@@Nouveau0 he made a video about day trading and this question is covered
But with negative balance protection there is no debt right? So doesn't this make it halal to use a margin that is swap free and purely on a commission? (eg: $30/lot)
That’s actually a compelling point you made 🤔🤔🤔🤔
there is debt just no default
if day trading using US stock broker that give us margin, can we use it? day trading does not incur any interest except holding the position for overnight and calculated on daily basis
Thank you very much, this is an excellent video
Live to LOve my pleasure glad you liked it!
Is the swap free cfd or so called Islamic cfds are halal or they are all haram?
what if we don't borrow the money and do the leverage with our own money
in Binance!
I'm a trader , they only charge brokerage fee and it is the same amount irrespective of the shares we buy....
By the way why would someone has to do social services, of course they need a brokerage charges.
Islamic banking does the same
Administration fee
Processing fee like that..
Then Islamic Bank would be haraam right?...
It makes me think that shaitan is trying to close the halaal doors which Allah has opened...
...by no means it's interest I think..
Same here brother, I trade FX and Commodities but there’s points you can use for & against margin trading even based on the Islamic institutions Charing service fee, service fee is charged everywhere in our day to day activity but should we consider that riba aswell,
Exactly I had the same idea the interest part is swap but if your account is swap free the other charge is just service fee paid to broker
Can I buy a car 0 intrest but I have to finish 5 years if it’s more than 5 years then I interest but sure can finish before that give me answer pls tks
Now which exchange is giving 0 interest margin
Except stormgain..!
Is it riba when buying delivery of share using market ?
Salam brother, what if a 1:1 leverage is used? There’s no borrowing at all?
usa mufti said halal aslong no leverage take
@@greenmaster2618 how about shorting without leverage on swap free account,is that still halal?
@@ariqkamil571 shorting stock is Haram because you selling the item without you have it .. shorting forex is same the way you long it .. example USD VS JPY ..you wanna short USD ,, meaning you buy JPY and sell it to USD
@@greenmaster2618 i wonder why etoro and other broker claiming that they are Islamic account but (maybe) actually it's haram, where tf is Arab/uae or country with the majority of muslim? they doing nothing to educate us, Riba is a big sin those country didn't protect us from Riba
@@ariqkamil571 yes i wonder why Islamic bank is halal if you borrow money even do the islamic bank ask you interest ..but change the name from interest to ( service charge ) .. forex broker mostly take interest from leverage,.. if you not borrowed money from the broker ( leverage ) , then its halal according the USA mufti ..
Have you done any video on ETF trading wheter its halal or haram and what if ETF trading doesnt require any margin?
Assalamualaikum brother, thanks for the lesson, Salam i am Indonesian Barakallah fiik,..
Sory not good in english but i try my best,.. 😊🙏🏻
If you trade cfds with zero leverage, does that remove the riba aspect?
Hidden fees cover the الربا
The brother who answered probably doesn't know what zero leverage means. Listen Dr G. No borrowing, no possibility of Riba.
Hi what If I traded in swap free account with 1:1 leverage(no leverage at all) is this permissible?
Thank you
I have same question
@@anafez8787 I don't think it is permissible, because the problem would be that you didn't receive the currency that you bought, also If w think of it as buying and selling lots instead of currencies then I think it is a basic betting so not permissible either, so better to stay away for the sake of Allah.
@@karimbalaha7498 jazakAllah
@Jahangir Hassan no it's haram, any type of leverage is prohibited
@@karimbalaha7498 not every type of leverage, we use leverage in our day to day activity, the guy in the video stated his opinion but that’s when they extend your credit but if you have negative balance protection this is highly unlikely to happen, don’t talk without knowledge brother very misleading
Salam, Great video ! I was wondering if staking tokens is haram ? In crypto currency.
Can you make a video about RobinHood instant deposit and whether it's halal to use instant deposits?
Walaikum Assalam Wa Rahmatullahi Wa Barakatuh
Thank You Brother!
The Info is just great & your justifications are also logical.
Jazak-Allah Khair. 🤗
I wanted to ask I own btcup so bitcoin that rises and falls 4 times more than normal bitcoin is it considered forbidden (haram) or is it allowed does it have something to do with interest (riba) can you give advice thanks in advance
Brother, there are very less options we have to earn money as a Muslims if we are not in countries like USA or UK. I live in UAE and there is only one ETF that I know is Halal. Everyone else is margin trading. How am I supposed to get rid of stuff like bills and rents. Our dream of a secondary earning here in the middle east is impossible to say the least. Do you know of any way of Halal trading if we are in the middle east. I contacted wahed, spus, m1 finance and fidelity, the ones that you reviewed. They all say that they don't accept people from outside USA
Assalamalaikum masha allah very well explained. May Allah swt accept your effort
Plz answer my question. Is future trading halal in bitcoin?
Thanks for the video, what do you say about Forex broker swap free account ( interest free account ) they just charge commission and spread. Please share your thoughts on it
+1
salam alikoum, you should avoid FOREX in general because its haram, if you have time please take a look at this link :
ua-cam.com/video/jh_BP4MB8Fw/v-deo.html
stock market are good if the stock are halal and if the broker help you to own share of stock if you buy it, Mr RAKAAN KAYALI also have some video about halal or haram trade. and please take a look at his video, and also do some search to understand why its haram because there is a lot of Misunderstood, also i question one of the broker that i have account with (not now) about if i own real share if i trade stocks the broker answer that i have just the possibility to trade in those CFD not own shares, in islam its haram its just like buy or sell something you dont own.
Smart Crypto Trader Club
ua-cam.com/video/Itnhu-Ja1t0/v-deo.html
Can you shed light if NACA buy down program is Halal?
6:44 What Taqwa looks like
Salam aleikum, is it possible to invest in a financial fund with the Tezer cryptocurrency at a stable income? The fund is engaged in trading ...
Assalamu Alaikum wa rahmatullahi wa barakaat. Brother, is forex trading halal? If so what are the condition to trade as a muslim
No leverage! Then should be okay
@@khanstudioz9543 No, it has nothing to do with leverage. The problem is that forex brokers use derivatives. You don't really buy the currency, you're only speculating where it will go. Most say that it is haram, but i dont know quite myself
Bro, what condition??. Your already going to use that money for the intention of trading🤦♂️🤦♂️
But you can’t get in debt from the margin loan !!!
I am a small trader I trade on olymp trade platforms please help me
Trading on currency like USD EUR is halal or Haram please answer me 🙇
So since almost all brokers charge a spread, even if it’s a swap free ac, margin trading becomes Haram. Am I right? And are there any ways by which we can trade Halal?
Don’t use margin
Well said
Bro i have question ..
If i trade in Crypto on a particular exchange like binance not leverage just normal buy and sell and that exchange charge me some amount of fees for that trading.. so that fees which i paid to the exchange is also riba or not.?
Spot trading is halal
Is leverage trading halal? what is the difference between leverage and margin?
This is just my 2 cents:
Margin is the loan given itself
Leverage is how much multiplication of the loan you want ( 3x, 5x, 10x etc)
Are day trading and scalping halal ? Thanks
Binance future says no interest bro is it halal
What about mudaraba??
Yessir thankyou
Is volatility 75 index halal or haram?
Ma sha Allah
Doesn’t robbinhood do 0 interest
Be sure of your halal or haram because your "I think " dont please me .
You have to tell your subscriber the opinion of the high islamic authority
Salam alikoum
brother any matter that was not directly dealt with by the Quran or Sunnah, when you're talking about Halal or Haram should fall in the category of "I think this to be true and Allah knows best". Claiming otherwise would be dishonest.
Salam, is trading using a bot halal or haram?
Salams. I have invested in a crypto currency that is all about margin trading and i think they are involved in interest. I am not using this company for any margin trading or interest, I have just simply invested in the company by buying their coins hoping that the coins become more valuable, is this permissible? So i bought the coins at about $1 each now these coins are worth about $2.50 so I have made a profit from the volatility of the crypto market only , I did not involve myself with their margin trading or any interest, is the money made with the volatility of the actual coin alone halal? Hope my question is clear.
So are you talking about your opinion or what our religion tells us
Is staking halal?
Riba is haram because of the harm it does.
According to your view, if my company gives interest free student loans, and it benefits through social upliftment and good publicity, then I am collecting riba. If they use the money to buy textbooks form my store, then according to you, I am collecting Riba - even though my store offers discounted rates to holders of these loans. If I followed your view, I should leave those student without loans. Let them fend for themselves. Do you believe that would make the world a better place. Would it improve their lives?
Religion was not created to make life difficult. It was created to guide men to build a better world and hereafter for all.
By the way, you should stop using fiat. It's based on debt. There is more riba in that $1 bill than in an interest free platform.
i agree with you
Allahumma Bareek
leverage 1:1 is halal ?
Thanks for replying to the email by the way.
Thanks a lot braad
Coul you Plz make subtitles in ur vedios?
Is it halal to short sell forex?
Thnku so much
Once again another insightful video keep it up
Thanks brother
Salamu Aley kum brother
Is proof of staking on alt coins that do NOT have Riba like business model halal?
For example if my locked coins that are stacked used only for transaction confirmations ??
Jazaka Allah khair
By the way. What if I use a broker to trade and use margin/leverage and there are fees (overnight and weekend fees)? you could say that they are interested but you can also argue that it is payment for the service they're providing (I mean brokerage service, not service o lending money obviously).
He argued that all margin/levarage is riba, so it doesn't matter if the broker charges fees or not.
That's what I thought too... You're literally using a free brokerage service. The only way this could be halal is if they cut all their profits? Doesn't make sense.
So trading future with 1x is still haram .?
see my recent video on futures.
hey What about islamic forex accounts ?
Thanks brother
Is shorting without leverage haram?
Shorting absolutely haram
thank you
As Salam Alaikom brother, I studied this topic in depth.can u contact me as I have many things to discuss with u that may change your opinion in this issue.
Hi brother, Could you please enlighten your view on this topic
Brother is there a day you wil answer ?
I would really like to listen to your opinion regarding this, I need it please.
Yes brother please share there are so many Muslims out there trying to change there financial situation and came across forex trading but along the way discovered it is haram Because of the interest can you please share your opinion jzkallah
Asalamu aliekum brother, could you pls inform us your opinion on this? as it seems there is always implicit riba involved, it would be great to know if there is a way us muslims with less money can benefit from these markets. Jazak Allah.
Iq option binary option trade halal or haram
inshAllah
Halal Harram .. wasted all my life thinking Halal or Haram
The same 😭
@@OujdaMZLove better to waste this life for this honor reason than the other life.
Learn binary options trading...for a newbie it's Gambling but once you have found a strategy that's making you profit at the end of the day How can you call it Gambling..... First of all you must practice on Demo account for 2-3 weeks with a strategy that's making you profit everyday(💯 of strategies out there) when you are ready move over to real account and make profits........Why is lottery, scratch cards, casino's all Gambling?... Because you don't have a strategy and you are "Hoping for the Best".....when you are convinced your strategy is working on binary options you are not "Hoping for the Best" how can you called it Gambling anymore........I heard a SHEIKH once say that one of the 4 imam's allowed Gambling in the west If you know you are going to WIN...........
Baraka app UAE is DFSA approved platform for investment in US stocks which is brokered by Drivewealth who issues LPMA (Limited purpose margin account) claiming the investor never gets back interest and to be on safe side if one refrains from advance trading rather paying before hand, will it be halal via LPMA. PLZ GUIDE ME! Kind regards
I registered in stormgain islamic account, and there is a cloud mining option which I had to click every 4 hours. I mined till I get $10, and make trading from this $10 in the future trading. There are leverage option starting from 5x to 500x.
I never deposit my own money (I always use this free $10 that I received from a month of mining).
My question is, is crypto trading that I done is permisible?
Could you make a review on stormgain exchange application which has islamic sharia account option.
Jazakallah khayr wa baarokallaahu fiik.
If you trade cfds with zero leverage, does that remove the riba aspect?
someone please answer
@@ariqkamil571 The cfd its haram by nature