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moizhassan
Islam and Trading
in
General
Dec 06, 2017 at 15:44
Everything related to world is accepted except which is prohibited and everything relating to worship is prohibited except which is accepted by Quran and Sunnah. The responsible owner ship only applies to buying of food items.Prophet Muhammad (pbuh) said: “He who buys food grain should not sell it until he has taken possession of it.” [Sahih Muslim]So you can't add anything else.Short term trading isn't like gambling either.
Islam and Trading
in
General
Dec 05, 2017 at 15:48
Actually Forex isn't Haraam. Using the logic which is used above then investing in any business or starting business would be haraam as the investor doesn't know if his business will give him profit or loss but invests or starts the new business because he thinks it will be profitable for him.
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