Gambling is there is no goods at hand. You don't sell anything. You just trade your luck with each other. Trading is you buy a thing and sell it whenever you want. This is my understanding
Hello, I’m a profesional day trader and I can tell you that it is NOT gambling if you know what you’re doing and have a solid strategy. With that said it does take a lot of time and effort to get good at this skill but you can just trade with a demo account until you get good
Great video, trading come with a lot of benefits And I have just bought my first house through it. As a beginner I was scared of loosing my savings but I’m glad I took the bold step that is now favoring me.
Okay but is not luck, is all about having good investment plans most of all trading with a trust worthy expert. Watching professional trading videos and most especially connecting with the right person the digital world is full of in unreal people I met some of them during my success journey. I felt same way when I started especially when you use demo account you might be winning but when you put in real money you start losing I understand and I pass through it all. I’m very happy I’m profitable now.
I believe the opinion of Dr Zakir on this matter is open to debate. The objective of short term trading is still trading. Islam permits trading, whether it is halal company shares or bananas. If a wholesaler buys fruits today and sells them today, he is not breaking any Islamic rule. Same applies to non-perishable goods like metal or furniture. There are electronic platforms where one can buy and sell items within minutes. The stock market is an open auction and because it is fully electronic the speed of transactions are at the speed of light. This in and of itself does not make short term trading prohibited. Jazak Allahu khair.
But the best part is here that when you buy fruits and things maybe you havent sell them today tomorrow you go to sell but price is lower then yesterday so you cant keep you still sell them on the low par but with trading when you buy it if market get crashed get low then you are not selling because you are waiting that market go up and then you sell to gain which is not halal in islam
Incase of bananas and electronics, you are not bound to sell them at the end of the day or in one hour. U own them so you keep them as long as you want or as long as the correct price is met. If u buy stocks without the condition of selling them within an hour or at the end of the day and u are free to sell them whenever then u can sell it in a day or an hour or in a minute whatever u like to do with it as long as you are not bound to.
1- major activity of company, is it Halal or haram? 2- not be working with bank based on riba/pension 3- company should not take a big loan that causes massive debt indexes] should invest long term
Dr Zakir Sahib. You have so much knowledge and I have very little. My humble observation is that you are comparing being a partner into a business with owning a asset of business that is tradeable and its market price depends on demand/supply. This is no different than buying tomatoes. A tomato seller buys tomatoes to sell at a higher price. Same for gold seller. If market price increases ( due to supply demand) then he will sell buy at new price. I respectfully disagree with your position on this.
Same here I did research alot still I am learning.. Concisely just buy stock markets shares of halal or Shari'ah compliant companies keep it.for long term say 6,12months and beyond. As for mutual funds there's Tata ethical fund like Shari'ah compliant. What's haraam as per my research Intraday trading, forex trading, bitcoins, FD etc
Sir, I believe what he means by doing technical analysis is graph reading. This has become a skill as stocks are manipulated by them being bought or sold. This results in recurring patterns and graph reading becomes possible. For example if a stock rises in price suddenly it is guaranteed to fall back. Obviously you can't be 100% sure but you can be 90% certain about dips or rises. Doesn't this knowledge of graph reading and experience I have gained over years learning this craft make it strategical instead of gambling. Because in gambling you have no idea on what is about to happen but whenever i buy a stock i am very certain that it is about to go up
@@dmitriid3200 There is no skill in Casino. The casino sets it up so that they win 53% of the time. Over time they make money. You are set up to lose in casino.
@@scaryjoker gambling | in a short time ... without you know who are you dealing with ~ an intangible item without knowing where does it come from _ O - Zakir Naik is right { a short time investment means you tend to be greedy }
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But buying a share doesn't mean buying a product of the company. It means buying the small percentage of the company. As dr naik said , would you like to buy a company for hours?
I don't understand. Isn't the whole point to sell when the price goes up? Dt Naik said you can't do that as that is gambling. Well hiw do you make a profit then?? What is the point?
What i dont understand like for trading study is required When a person studues he comes to know how the market works he studies charts he studies how the stocks of a company are doing So then that is not a speculation or gambling Its like u buy a land in an area which is profitavle rather than an area where profit is absent or very low Or u open a store and sell products that are bought easily and sold easkly having greater profits 2ndly if we buy goods in the morning and we sell it in the same day than as said by doctor is haram but its what is done by fruit sellers pharmacies etc
And who is better in speech than one who invites to Allah and does righteousness and says, "Indeed, I am of the Muslims." Quran (41:33) I invite to All of you to Beautiful Recitation 😇
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⚠️ Only one $ect will Enter Paradise and it will be the 0ne Following the Quran and Hadith. Every Sect claims to be following the Quran and Hadith, Yet the TRUTH is 0NLY 1 $ect is following the Quran & Hadith. The main Problem is People connect to a $ect & then end up going Along with whatever they have been taught even if it teaches against the Quran & Hadith 0n some matters. We should Not join a sect, we Should follow Allah;s order Quran & Hadith 0NLY. IF a person IGN0RES joining a $ect & instead $TRICTLY follows the Quran & Hadith, after a while people will start naming him as a member of a $ect which l am not going to mention, However this $ECT Has PR0VED to be the C0RRECT one. The 0NLY Way to be successful is by following the Quran & Hadith ⛔️. Not $ECT .⛔️ Two Questions for all those people Who claim we Must Follow or Respect the 0pinions of $CHOLARS. 1️⃣ Are You ready to become a $hia if you was to be Preached by a Shia $CHOLAR ❓2️⃣ The Prophet P.B.U.H told Us ONLY one sect will enter PARADISE, this means SCH0LARS from all the other $ects will Enter the FIRE 🔥🔥🔥 Therefore are you ready to follow Any $CH0LAR who preaches to you . This is Why we should Not be afraid of telling anyone when they Are preaching against the QURAN or HADITH whether it be a $CH0LAR, MUFTI, or ALIM. The Prophet P.B.U.H said even if you know one Ayat then pass it on, this proves We Do not need to become a $CH0LAR, MUFTI, or AL|M before Preaching.
I love you in God, my brother. I ask you to put the translation into Arabic because you have many lovers in Arab countries, and everyone wants you to do so. Thank you, brother in God.
Im looking to get into crypto trading. Specifically short term trades. I understand everything dr Zakir Naik said. But I still havent got a satisfactory answer on wether it is haram or halal. I dont agree that all short term trades are gambling. In the case of gambling your dependend on dumb luck. There is no substantial element to analyse. But in the case of trading, a person can analyse supply and demand, which takes a certain amount of study and skill to achieve. And based off that makes a decision on a particular trade to make profit. How is that haram? So if somebody that is active in the fruitmarket decides to go to the wholesale and purchase 2x times more oranges than the last time. Because he saw an increasing amount of demand for oranges. Does that mean he is gambling?? Ofcourse anything can happen and the guy selling oranges may find out that the demand was actually decreasing and result in loss. But that does not mean he was gambling. He was making a trading decision based on the market he is active in. I may see things wrong. Can somebody please clarify? Assalamun alaykum.
I respect Dr Zakir naik but what he said by this statement If it is done for a short period intentionally thinking that we will sell it after it's price increases or decreases is this gambling ? iam so confused now can anyone explain me please iam so interested to do swing trading
The issue is if someone starts a business and speculates that the business is going to do great in future. Does this speculation make the business haram?? If any literate brother can help me with my confusion
I thought about short term trading but it’s based on gambling and speculations , so it’s haram, and long term investing probably requires lot of money , but I personally have an account already and I am looking forward to invest it in the future . It’s great opportunity for everyone .
I think dr is talking about day trading. The one in which you are bound to sell the stock at the end of the day or in an hour . thats gambling aspect of it. If u actually own a stock without any condition of selling it at a particular time and can hold it for as long as you want then u can trade it anytime.
Aoa, Respectful Dr. Zakir Sahab, I am from pakistan, My question is, Investment in crypto currencies and forex is halal or hara, Waiting for your Answer Sir.
Example I bought a bike 2 hrs back & I got small profit hence I will sell it after 2 hrs, so why is it that we can't do that with share which we bought from our money?
Mohamed(peace be upon him) is the last and final messanger who never sinned once in his life and is he is the most beloved prophet to Al mighty Allah(the one, the eternal, the Al wise )
@Lemonpledge10 Are you denying your own religion. Your religion explicitly says jesus(pbuh) died on a cross. I asked you a simple question how can you believe jesus is God when he died?
@Lemonpledge10 use your logic. The prophets before jesus you believe in moses, Abraham, issac where all humanbeings and died. So what makes mohamed (peace be upon him) different?
Question i am doing CA and in my profession we write about interest in our business reports and islam says writing about interest(sood) is also haram so wether i do my job or not in which i right about interest
You are not taking any kind of interest. You are only managing some accounts. It's halal. And please stick on your career and be an expert in that. We Muslims need such people more 🙌 And btw, even halal businesses require CAs
@@superman5507 No Writing about interest in CA course is not Haram. Writing about interest is haram means when anyone write about the interest in any contract that bears interest or any writing that promotes interest. 👍🙂
Most of the listed companies in the Stock market are growing their business on Riba or Interest which is totally prohibited. So even the main business activity is halal but if the business is built on Riba so it is not permitted to invest in those companies.
I am not a scholar but read my perspective if you want. If trading is halal then it doesn't matter whether you trade short-term or long term For example. A person comes to a mobile shop and sells a mobile phone, then 5 minutes later another person comes and buys the same mobile phone. This deal is absolutely halal. Hope you all agree. If this deal is halal, why is short-term trading prohibited? f I buy a stock and I am not sure about the trade and I want to close the trade first, will that trade become haram? If you are talking about the short term it means you are saying that all short-term strategies are not profitable, you should prove in every detail that all short term strategies are not profitable. If you say that one of these short-term strategies is profitable, then you must admit that it is completely halal. If you are saying that short-term trading is haram, then its means that you are saying there is no permanent profit in short-term trading, so it is gambling. But what do you say if I say that there are consistent results in short-term trading? I genuinely respect every scholar. These are the points that every Muslim trader should know.
I am a day trader and revert and indeed I can confirm short term trading can be highly profitable if you know what you’re doing. I did lose a lot of money to get good at trading but that was something I was okay with and I have made up for all my past losses today.
Assalam Dr.. what if let say I’m a partner of a trader and We agree to buy some goods ( in this case : stocks) in the suburbs for let say 100$ and in the span of 10 minutes journey to the city our goods is priced at between 150 to 200 ringgit which the profit will then be divided equally .. isn’t the situation same whereby the time taken was only a couple of minutes for the item to increase in price and ready to be sold? Need further explanation as I’m starting to develop some interest in the stock market and want to know why things are halal or haram.
Plus, as I know, if we invest stock market for a short term.For example, if we buy stocks today and sell it for next week because we want to gain profit, We cannot reinvest into that same stock( which means they will charge you interest for doing that kind of thing) Correct me if im wrong🙇♂️🙇♂️
-Basic activity should not be haram. -Identified as a halal stock by a fuqaha’ expert. -If u want to sell it as soon as you made profit, this involves speculation.
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Sheikh how about when investing in gold in the stock market or apps can we buy and sell gold from trading apps? Like buying when the prices are low and then selling it when the prices are high depending on time whether a few hours or whether a week?
Honestly, the point on intraday trading doesn't really make sense to me so please forgive my ignorance. But if you own an asset be it stock or even something physical, if it is within your ownership then you can sell it at any point after you acquire it, no? If I buy a car and sell it for profit later that day, how is it any different? If anything, swing trading is even more speculative because you're just sitting and hoping while waiting exposed in the market. Obviously, you can use technical analysis to limit your risk for both day trading and swinging, but to be honest the argument doesn't make much sense. I understand riba is a major sin and that's why I've avoided it at all costs. But to say all derivatives are haram as is day trading, what are you left with? Just swing trading stocks, nothing else. And like I said, if anything that's more market exposure, more risk.
Yeah i agree.. i dont think there is riba involved and major scholars say its omay to trade if the stocks as shariah compliant.. i didnt agree when he said about like you work far a week or month.. if that would be the case then we could apply for a job by buying stocks ? So didnt make any sence what he said
Dr.Zakir sahb I am a big fan off you but Plzzzzz make a video on Cryptocurrency........... Dekhen me khud cryptocurrency pr kam kr rha hun mere experience K mutabiq ye halal qarar dedi jye gi kyn K jis trha coins se wqt change hokr paper currency pr aya isi trha ab Cryptocurrency bhi agee K wqt ki zaroorat hai ye 1 esi currency hai jise hum kisi bhi country me ja kr use kr skte hain. Joke future me buhot benefit degi.Or jb world ki population brhti hai to technology arooj pati hai. Agr hum crypto ko bhi haram bolen ge to hmen paper currency ko bhi haram kehna hoga kyn K hmare DEEN-E-ISLAM me to gold or chandi k len den Ka hukm hai. Ye paper currency companies apni mezii se note ki quantity tyar krti hain or hum 1 country ki currency doosre country me use nhi kr skte ab Population brh rhi hai age dor technology ka hai to crypto hr country me use ho skti hai or jahan tk baat rhi K iska koi wajood Nhi hai to hr coin ka apna 1 card hota hai or second in coins ko sale and purchase krne ki leagel multilevel websites hoti hain..... Jo K trustable or heavy budget wali hoti hain.......ab paper currency ko jagah logon ko crypto currency ko zaroorat hai bcz banking system bhi ab trustable Nhi rha....... Plzzzzz make a video on crypto currency kindly K ye halal hai ya Haram Bcz meri nzr me technology haram Nhi hoti uska galat use haram hota hai
If it is permissible for long term then i think it is permissible on hourly basis too, as both cases need analysis, now the physical share is not at all nowadays, it is just business of numbers which depends on how much knowledge you possess to gain profit irrespective of time period, what logic is there that you can analyse a 6 months or else time period's stocks moment & can't do the same on hourly or on daily basis? I think it is same , it wholly depends on your knowledge, even some permit it but restrict short selling, again i am saying if you possess knowledge then it is permissible in all ways, however if you guess or wait for luck only, then it is surely gambling in all time periods.
(Of Halal stocks) Delivery of shares is mandatory which happens typically in T+2 Days (Settlement); Intraday & BTST (BuyTodaySellTmmrw) should be avoided
assalamualaikum warahmatullahi ta'ala wabarakatuh,, I know this isn't related to the subject but please answer! If drawing/taking pictures are haram, is looking at them/watching them (cartoons) also haram? And emojis, are they permissible to use? May Allah guide us to the right path.
Drawing & animation is halal. Even making them is halal. Yes, there are a few hadiths which say that drawing is haram which also makes animation haram. Most scholars simply read the hadith and say it's haram without learning the background, and why prophet Muhammad said so. Prophet Muhammad said this in order to stop the shirk based works because most of the people then used to do draw pictures of Gods. If you are not doing anything based on shirk, then it is totally halal. And also it shouldn't contain nudity. In short, any kind of drawing & doing animation and watching animation is halal, till nudity and the shirk based things are not included
Dear Sir, for being partner for short period (day or week or month) eg. Beisde stock matkets, If i we bought some partnership share in our local village shops and after a week or a month some offered good price for that share partnership and we are also not permissable to sell ? Iam confused. Please clarify.
Assalamalaikum it's not like that. Suppose you buy a stock and it's not about you bought for long term or short term it's about you analysed that stock and then bought that whenever it's price increase you going sell it. Because the time you bought you didn't know when this stock price going to increase. may be someone bought the same stock 2 months ago and you bought after 2 months then the price increase after 15 days of your purchased. So the first person waited for 2 months and 15 days and u waited for 15 days only its about intention. Whether you want gamble or not. Trading can be gamble when you make it gamble. And if you analyse and buy for good performance of the company and if it's increase a little you can sell its not haram because you don't want to wait for high return
Hmmm. So if I buy fruit in the morning hoping to sell them by lunch at a profit does it mean it haram just because I kept the stock less than a day? I don't know how the time limit is determined to be perfectly honest.
When you buy a stock, it means that you become a partner of doing the business. In essence, You cannot be a partner of a business for just one hour or one day. Partner means that you are friends that will go alongside with the business both its profit or losses. Buying fruits in the morning and selling them in the afternoon or tomorrow, it is not problem because you are trading, not becoming a partner of business.
I agree that here the short term trade point is debatable. Here we also need to consider the transfer of ownership which means if the stock is registered on your name in the company/ exchange's record. The transfer period is different, but as per my limited knowledge it still takes at least 1 day minimum for the transfer process to be completed. As a personal practice, i refer this case to a hadith where Prophet Muhammad PBUH forbade to trade something which you do not have in your possession (if someone can give the exact hadith reference and the exact words it would be really appreciated). I personally follow this rule in trade and wait till the shares are transferred and then make an exit trade if needed. And in general most of the trades are planned so it can be easily managed. May Allah guide us in the right direction.
Please, i dont understand what dr zakir naik said, im not good in listening. So he said halal or haram when we trade in short ? Please whoever answer me 🥲. Thankyou
Doctor I have a question. Is selling Options halal? Because selling options is like selling insurance to the shareholders. For example someone is holding the shares of a medicine company and he is scared that the price of the shares can go down so he buys insurance for his shares for hedging purpose. So if that person who is providing the insurance is me, will that premium money I collect be haram? Please explain
Is deriv haram because in the graph we have the ups where you put in the low its going to come down basically I can do the graph reading an you are 95% sure it will fall and you trade is this haram
I get it that buying bank stocks or alcohol company stocks is totally haram. But what i do not get is everyone is saying to invest in a company that dosent takes loans because then you will be part of riba, but tell me which company on earth dosent takes loans? Almost all the companies are build on loans and i think this goes more deep like in that sense isnt working in corporate also haram because those companies also takes loans? I mean is earning that difficult and restricted in islam? Please clear my doubts
T+2 Days probably, since in the company records it takes 2-3 days for your name to be registered as a shareholder. Check this video out: th-cam.com/video/-oM3HG6893A/w-d-xo.html
In my opinion (Of Halal Equities/Business), the Delivery of Shares is mandatory; For example, It is halal if you are purchasing Stock at a discounted price and selling it in 2 -3 days when the price gets corrected. For example, if I get a chance to buy a business or a restaurant at a discount price later anytime I will sell it If I'm making any gain and I don't find anything haram in this; sometimes I get an offer to buy a phone at a cheap price of which I know I can sell it at a better price later anytime and this is halal. The above video needs correction. Allah knows best.
@@saqeebshaikh8438 [Of Halal Equities(Shares/Stocks)] Delivery of it is mandatory.. i.e., after settlement (clearing) it happens after that you can sell it anytime you like and this will happen typically in 2 - 3 days but Mr Zakir is saying buying shares for short term is not ok
Assalamalaikum it's not like that. Suppose you buy a stock and it's not about you bought for long term or short term it's about you analysed that stock and then bought that whenever it's price increase you going sell it. Because the time you bought you didn't know when this stock price going to increase. may be someone bought the same stock 2 months ago and you bought after 2 months then the price increase after 15 days of your purchased. So the first person waited for 2 months and 15 days and u waited for 15 days only its about intention. Whether you want gamble or not. Trading can be gamble when you make it gamble. And if you analyse and buy for good performance of the company and if it's increase a little you can sell its not haram because you don't want to wait for high return
Dr.zakir Naik sir is really a good and intelligent person.i want to ask him a question which is very important for me to ask.can anyone please tell me how can i ask him something?is there any email address or any other way? My question is, "I'm a college student and I'm a student of commerce/business studies group.is it permissable in Islam to read in business studies group? because I have to solve maths of interest and banking companies.so is it halal to read business studies?" If anyone can answer this then please help me or give me a way through which I can ask dr.zakir Naik sir the question.thank you
Yes, it is halal. You are not dealing with interest (riba) you are only managing some accounts. Even if you are making such accounts for other people/companies, it is halal as well. Because you are not dealing with interest yourself. And this channels gets thousands of comments every day, it's not possible for Dr Zakir to reply everyone
As slm just had thought if you buy a share you become a shareholder I understand if you buy a currency or crypto currency then a short term trade be permissible..
Assalamualaikum... Can someone please answer if binary trading is halal in islam? The applications like binomo , iq option, olymp trade and many more... Are those applications allowed to use for earning money?
There is no guarantee that after 1 year the price of stock will raise.. So i lost my money.. It doesn't consider gambling? Because i could take my profit in a week
Assalam alekum Dr. Sb I have a question. As per you then ...we can trade in weekly also. Only we can invest for year? Then it is investment in stock Then what about trading? Even we can't trade in weekly also?
Assalamualaikum I want to know if 'online stock trading' which we can do at some websites like BINANY is HALAL or HARAM??? JAJAKALLAHU KHAIRAN NAME : Shahriar Hasnat COUNTRY : Bangladesh
Gambling is there is no goods at hand. You don't sell anything. You just trade your luck with each other. Trading is you buy a thing and sell it whenever you want. This is my understanding
then go do research if u think trading is what ur bias opinion is
Hello,
I’m a profesional day trader and I can tell you that it is NOT gambling if you know what you’re doing and have a solid strategy. With that said it does take a lot of time and effort to get good at this skill but you can just trade with a demo account until you get good
Bro you arent profitable stop capping @AndersenTrades
Do you mean In Gambling there is no production at all!
Then You can't gamble after buying a product where there is no production in a hour
Great video, trading come with a lot of benefits And I have just bought my first house through it. As a beginner I was scared of loosing my savings but I’m glad I took the bold step that is now favoring me.
Congratulations.
I will love to be your friend dear as well as sharing some i dears which you're benefiting.
Okay but is not luck, is all about having good investment plans most of all trading with a trust worthy expert.
Watching professional trading videos and most especially connecting with the right person the digital world is full of in unreal people I met some of them during my success journey. I felt same way when I started especially when you use demo account you might be winning but when you put in real money you start losing I understand and I pass through it all. I’m very happy I’m profitable now.
I can relate to all you said because I am facing similar thing right now. Congratulations I wish you more success.
@@rajeshmittal6 Hey how good are your earnings I will like to get some insights into trading thank you.
I believe the opinion of Dr Zakir on this matter is open to debate.
The objective of short term trading is still trading. Islam permits trading, whether it is halal company shares or bananas. If a wholesaler buys fruits today and sells them today, he is not breaking any Islamic rule. Same applies to non-perishable goods like metal or furniture. There are electronic platforms where one can buy and sell items within minutes.
The stock market is an open auction and because it is fully electronic the speed of transactions are at the speed of light. This in and of itself does not make short term trading prohibited.
Jazak Allahu khair.
But the best part is here that when you buy fruits and things maybe you havent sell them today tomorrow you go to sell but price is lower then yesterday so you cant keep you still sell them on the low par but with trading when you buy it if market get crashed get low then you are not selling because you are waiting that market go up and then you sell to gain which is not halal in islam
@@bilalmurad2444 trading is not haram. Whether you are good at trading or not is a different matter.
The e.g uh gave of a seller is ..he who is possessing the thing he is selling .. more or trade..stock market is investing section.
Exactly what about Land, buy land and selling for profit after couple months. Its not haram is it? Many Muslims do that
Incase of bananas and electronics, you are not bound to sell them at the end of the day or in one hour. U own them so you keep them as long as you want or as long as the correct price is met. If u buy stocks without the condition of selling them within an hour or at the end of the day and u are free to sell them whenever then u can sell it in a day or an hour or in a minute whatever u like to do with it as long as you are not bound to.
Islam is so beautiful❤️
Jazak Allahu Khairan Kaseera
1- major activity of company, is it Halal or haram?
2- not be working with bank based on riba/pension
3- company should not take a big loan that causes massive debt indexes]
should invest long term
Alhamdullilah. I am a CFA level 3 candidate and my whole career is basically based on equity and commodities. Struggled a lot for the clarification.
So u concluded that forex is haram and binance is halal
Thankyou To Allah SWT who send dr. Zakir Naik to explain
I invite to All of you to Beautiful Recitation ☺
Wonderful answer, exactly whag I thought 👍 thanks.
Dr Zakir Sahib. You have so much knowledge and I have very little. My humble observation is that you are comparing being a partner into a business with owning a asset of business that is tradeable and its market price depends on demand/supply. This is no different than buying tomatoes. A tomato seller buys tomatoes to sell at a higher price. Same for gold seller. If market price increases ( due to supply demand) then he will sell buy at new price. I respectfully disagree with your position on this.
Jazakallah Khair Dr Naik. I’ve been wanted to know the answer to this for a while as there’s a lot of mixed messages.
th-cam.com/video/ZozpM3Pkbl4/w-d-xo.html
Can I invest for a month?
So trading is halal if with TA no speculation?
Same here I did research alot still I am learning..
Concisely just buy stock markets shares of halal or Shari'ah compliant companies keep it.for long term say 6,12months and beyond.
As for mutual funds there's Tata ethical fund like Shari'ah compliant.
What's haraam as per my research
Intraday trading, forex trading, bitcoins, FD etc
I don't think religious ulama spend enough time studying these financial issues. So the information is fragmented and inaccurate at times.
JazakAllahu khairan, Dr. Zakir I am very happy to see you.
Very good explanation, More over Interday Trading is injurious to health for many people except few
Is binary halal
Assalamualaykum sir.
Lots of confusion has cleared from this video.
Thank you sir.
Sir, I believe what he means by doing technical analysis is graph reading. This has become a skill as stocks are manipulated by them being bought or sold. This results in recurring patterns and graph reading becomes possible. For example if a stock rises in price suddenly it is guaranteed to fall back. Obviously you can't be 100% sure but you can be 90% certain about dips or rises. Doesn't this knowledge of graph reading and experience I have gained over years learning this craft make it strategical instead of gambling. Because in gambling you have no idea on what is about to happen but whenever i buy a stock i am very certain that it is about to go up
stocks are run by creating speculations at least 77% of them are speculations
It just same like you need a skill on casino
@@dmitriid3200 There is no skill in Casino. The casino sets it up so that they win 53% of the time. Over time they make money. You are set up to lose in casino.
@@dmitriid3200 there is only luck in casino, the only thing you can use in a casino is risk management
@@scaryjoker gambling | in a short time ...
without you know who are you dealing with ~
an intangible item without knowing where does it come from _ O
- Zakir Naik is right { a short time investment means you tend to be greedy }
Jazaka Allah khair جزاك الله خيرا
⚠️ D0ING JUSTICE IS V|TAL Allah says in the Quran: “0 you who believe! Stand out firmly for justice ⚖️, as witnesses to Allah, even if it be against yourselves, your parents, and your relatives, or whether it is against the Rich or the poor...” (Quran 4:135)
But buying a share doesn't mean buying a product of the company. It means buying the small percentage of the company.
As dr naik said , would you like to buy a company for hours?
Taking possession of shares ppl want and selling them during heightened demand. If I purchase a car and sell the same hour,...same comparsion.
I don't understand. Isn't the whole point to sell when the price goes up? Dt Naik said you can't do that as that is gambling.
Well hiw do you make a profit then?? What is the point?
What i dont understand like for trading study is required
When a person studues he comes to know how the market works he studies charts he studies how the stocks of a company are doing
So then that is not a speculation or gambling
Its like u buy a land in an area which is profitavle rather than an area where profit is absent or very low
Or u open a store and sell products that are bought easily and sold easkly having greater profits
2ndly if we buy goods in the morning and we sell it in the same day than as said by doctor is haram but its what is done by fruit sellers pharmacies etc
Exactly. No offence to this doctor but he does not have a clue about day trading
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Quran (41:33)
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I love you in God, my brother. I ask you to put the translation into Arabic because you have many lovers in Arab countries, and everyone wants you to do so. Thank you, brother in God.
Im looking to get into crypto trading. Specifically short term trades. I understand everything dr Zakir Naik said. But I still havent got a satisfactory answer on wether it is haram or halal. I dont agree that all short term trades are gambling. In the case of gambling your dependend on dumb luck. There is no substantial element to analyse. But in the case of trading, a person can analyse supply and demand, which takes a certain amount of study and skill to achieve. And based off that makes a decision on a particular trade to make profit. How is that haram? So if somebody that is active in the fruitmarket decides to go to the wholesale and purchase 2x times more oranges than the last time. Because he saw an increasing amount of demand for oranges. Does that mean he is gambling?? Ofcourse anything can happen and the guy selling oranges may find out that the demand was actually decreasing and result in loss. But that does not mean he was gambling. He was making a trading decision based on the market he is active in. I may see things wrong. Can somebody please clarify? Assalamun alaykum.
I respect Dr Zakir naik but what he said by this statement If it is done for a short period intentionally thinking that we will sell it after it's price increases or decreases is this gambling ? iam so confused now can anyone explain me please iam so interested to do swing trading
You are right your example is right
Like quotex trading is it halal?
@@ahmedthousif4482no forex trading is haram you can do spot trading with me
The issue is if someone starts a business and speculates that the business is going to do great in future. Does this speculation make the business haram??
If any literate brother can help me with my confusion
Thank you sir for giving us knowledge.
Zoya and islamicly are apps that tell you if a stock is halal or haram. You can also invest in HLAL and SPUS etfs in the stock marke.
I thought about short term trading but it’s based on gambling and speculations , so it’s haram, and long term investing probably requires lot of money , but I personally have an account already and I am looking forward to invest it in the future . It’s great opportunity for everyone .
I think dr is talking about day trading. The one in which you are bound to sell the stock at the end of the day or in an hour . thats gambling aspect of it. If u actually own a stock without any condition of selling it at a particular time and can hold it for as long as you want then u can trade it anytime.
Aoa,
Respectful Dr. Zakir Sahab,
I am from pakistan,
My question is,
Investment in crypto currencies and forex is halal or hara,
Waiting for your Answer Sir.
جزاك الله خيرا
th-cam.com/video/Ur3kA6rpWSI/w-d-xo.html
⚘
But my problem is if I hold my trades there will come swap one it..
Thats why i do close my trade everyday and I hope it's not haram🙏
Example I bought a bike 2 hrs back & I got small profit hence I will sell it after 2 hrs, so why is it that we can't do that with share which we bought from our money?
Because this man doesn’t know anything about day trading
JazakAllahu khayr Sheikh! May Allah reward you and bless you in this life and in the Hereafter! Allahuma Ameen!
For heart touching beneficial reminders come
@Lemonpledge10 How can jesus be God when you believe he died on a cross? Use your logic and be open minded
How can jesus be the son, father, God all at the same time. If jesus was God how can he be the son?
Mohamed(peace be upon him) is the last and final messanger who never sinned once in his life and is he is the most beloved prophet to Al mighty Allah(the one, the eternal, the Al wise )
@Lemonpledge10 Are you denying your own religion. Your religion explicitly says jesus(pbuh) died on a cross. I asked you a simple question how can you believe jesus is God when he died?
@Lemonpledge10 use your logic. The prophets before jesus you believe in moses, Abraham, issac where all humanbeings and died. So what makes mohamed (peace be upon him) different?
Love your videos
Jazak Allah❤️
Question
i am doing CA and in my profession we write about interest in our business reports and islam says writing about interest(sood) is also haram so wether i do my job or not in which i right about interest
You are not taking any kind of interest. You are only managing some accounts. It's halal. And please stick on your career and be an expert in that. We Muslims need such people more 🙌
And btw, even halal businesses require CAs
Halal bro it is halal
@@suleimandeadaccount6225 th-cam.com/video/Dq_IU6G2a0Y/w-d-xo.html
@@hussainalishah8020 th-cam.com/video/Dq_IU6G2a0Y/w-d-xo.html
@@superman5507 No Writing about interest in CA course is not Haram. Writing about interest is haram means when anyone write about the interest in any contract that bears interest or any writing that promotes interest. 👍🙂
"the stock market is designed to transfer money from the active to the patient" -Warren Buffet
What is the meaning of active and patient in that sentence?
@@hilmyabdullahazzam8500 😆
@@hilmyabdullahazzam8500😮
Is cryptocurrency halal or haram? I want Dr. Zakir Naik sir opinion
if you search it he got an asnwer
@@abdullahsarshar4651 whats the answer?
Baaraka Allahu fiik
The ummah should get rid of all gambling-natured financial games, for they are hurting humanity in a long term and forever.
Most of the listed companies in the Stock market are growing their business on Riba or Interest which is totally prohibited. So even the main business activity is halal but if the business is built on Riba so it is not permitted to invest in those companies.
Hi
I am new into stocks and others. But i dunno how to find out it is Halal or not.
Is there any entrance guidance for beginners?
I think till 33% interest is still bearable but not preferred
Alhamdulillah...
JazakAllah sir
I am not a scholar but read my perspective if you want.
If trading is halal then it doesn't matter whether you trade short-term or long term
For example.
A person comes to a mobile shop and sells a mobile phone, then 5 minutes later another person comes and buys the same mobile phone. This deal is absolutely halal. Hope you all agree.
If this deal is halal, why is short-term trading prohibited?
f I buy a stock and I am not sure about the trade and I want to close the trade first, will that trade become haram?
If you are talking about the short term it means you are saying that all short-term strategies are not profitable, you should prove in every detail that all short term strategies are not profitable. If you say that one of these short-term strategies is profitable, then you must admit that it is completely halal.
If you are saying that short-term trading is haram, then its means that you are saying there is no permanent profit in short-term trading, so it is gambling. But what do you say if I say that there are consistent results in short-term trading?
I genuinely respect every scholar. These are the points that every Muslim trader should know.
I am a day trader and revert and indeed I can confirm short term trading can be highly profitable if you know what you’re doing.
I did lose a lot of money to get good at trading but that was something I was okay with and I have made up for all my past losses today.
Assalam Dr..
what if let say I’m a partner of a trader and We agree to buy some goods ( in this case : stocks) in the suburbs for let say 100$ and in the span of 10 minutes journey to the city our goods is priced at between 150 to 200 ringgit which the profit will then be divided equally ..
isn’t the situation same whereby the time taken was only a couple of minutes for the item to increase in price and ready to be sold?
Need further explanation as I’m starting to develop some interest in the stock market and want to know why things are halal or haram.
Hi guys , i don't know anything in trading could you recommend me something or even tips or videos that can help me
Plus, as I know, if we invest stock market for a short term.For example, if we buy stocks today and sell it for next week because we want to gain profit, We cannot reinvest into that same stock( which means they will charge you interest for doing that kind of thing) Correct me if im wrong🙇♂️🙇♂️
-Basic activity should not be haram.
-Identified as a halal stock by a fuqaha’ expert.
-If u want to sell it as soon as you made profit, this involves speculation.
جزاك الله خير الجزاء
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MAY ALLAH PROTECT US
Pray for India to be obliterated
Sheikh how about when investing in gold in the stock market or apps can we buy and sell gold from trading apps? Like buying when the prices are low and then selling it when the prices are high depending on time whether a few hours or whether a week?
thanks dr. now i undertand better.
Honestly, the point on intraday trading doesn't really make sense to me so please forgive my ignorance. But if you own an asset be it stock or even something physical, if it is within your ownership then you can sell it at any point after you acquire it, no? If I buy a car and sell it for profit later that day, how is it any different? If anything, swing trading is even more speculative because you're just sitting and hoping while waiting exposed in the market. Obviously, you can use technical analysis to limit your risk for both day trading and swinging, but to be honest the argument doesn't make much sense.
I understand riba is a major sin and that's why I've avoided it at all costs. But to say all derivatives are haram as is day trading, what are you left with? Just swing trading stocks, nothing else. And like I said, if anything that's more market exposure, more risk.
Yeah i agree.. i dont think there is riba involved and major scholars say its omay to trade if the stocks as shariah compliant.. i didnt agree when he said about like you work far a week or month.. if that would be the case then we could apply for a job by buying stocks ? So didnt make any sence what he said
There is no direct answer. Judgement calls by the doer and the Imam.
All are invited for motivational reminders
Day trading is based on Speculation and speculation is betting
🤔😭😭 its mean forex market treading haram..bcx in this market lots of people sold and buy with one days for a few hours and minutes
I wait for these videos every day
Dr.Zakir sahb I am a big fan off you but Plzzzzz make a video on
Cryptocurrency........... Dekhen me khud cryptocurrency pr kam kr rha hun mere experience K mutabiq ye halal qarar dedi jye gi kyn K jis trha coins se wqt change hokr paper currency pr aya isi trha ab Cryptocurrency bhi agee K wqt ki zaroorat hai ye 1 esi currency hai jise hum kisi bhi country me ja kr use kr skte hain. Joke future me buhot benefit degi.Or jb world ki population brhti hai to technology arooj pati hai.
Agr hum crypto ko bhi haram bolen ge to hmen paper currency ko bhi haram kehna hoga kyn K hmare DEEN-E-ISLAM me to gold or chandi k len den Ka hukm hai. Ye paper currency companies apni mezii se note ki quantity tyar krti hain or hum 1 country ki currency doosre country me use nhi kr skte ab Population brh rhi hai age dor technology ka hai to crypto hr country me use ho skti hai or jahan tk baat rhi K iska koi wajood Nhi hai to hr coin ka apna 1 card hota hai or second in coins ko sale and purchase krne ki leagel multilevel websites hoti hain..... Jo K trustable or heavy budget wali hoti hain.......ab paper currency ko jagah logon ko crypto currency ko zaroorat hai bcz banking system bhi ab trustable Nhi rha.......
Plzzzzz make a video on crypto currency kindly K ye halal hai ya Haram
Bcz meri nzr me technology haram Nhi hoti uska galat use haram hota hai
If it is permissible for long term then i think it is permissible on hourly basis too, as both cases need analysis,
now the physical share is not at all nowadays, it is just business of numbers which depends on how much knowledge you possess to gain profit irrespective of time period,
what logic is there that you can analyse a 6 months or else time period's stocks moment & can't do the same on hourly or on daily basis?
I think it is same , it wholly depends on your knowledge, even some permit it but restrict short selling, again i am saying if you possess knowledge then it is permissible in all ways, however if you guess or wait for luck only, then it is surely gambling in all time periods.
(Of Halal stocks) Delivery of shares is mandatory which happens typically in T+2 Days (Settlement); Intraday & BTST (BuyTodaySellTmmrw) should be avoided
I have a question, what is considered an long period of time 1 month? 6 months? a year??
Dear Sir, which is the shortest period in which one is allowed to exit from investment?
I want to know it too
Dr sb kindly tell about bitcoin .Bitcoin is trending in young generation as well.
If we apply same scenario on real estate, one should only lease the real estate and not make trading out of it.
What is classed as long term? What is classed as short term?
I don't understand English, what was the summary of the doctor's words, is trading in forex halal or haram?
AAOIFI the greats spécialist of finance and shariah say speculation its halal...
Thanks sir
assalamualaikum warahmatullahi ta'ala wabarakatuh,, I know this isn't related to the subject but please answer!
If drawing/taking pictures are haram, is looking at them/watching them (cartoons) also haram?
And emojis, are they permissible to use?
May Allah guide us to the right path.
Drawing & animation is halal. Even making them is halal.
Yes, there are a few hadiths which say that drawing is haram which also makes animation haram. Most scholars simply read the hadith and say it's haram without learning the background, and why prophet Muhammad said so. Prophet Muhammad said this in order to stop the shirk based works because most of the people then used to do draw pictures of Gods. If you are not doing anything based on shirk, then it is totally halal. And also it shouldn't contain nudity.
In short, any kind of drawing & doing animation and watching animation is halal, till nudity and the shirk based things are not included
Dear Sir, for being partner for short period (day or week or month) eg. Beisde stock matkets, If i we bought some partnership share in our local village shops and after a week or a month some offered good price for that share partnership and we are also not permissable to sell ? Iam confused. Please clarify.
Assalamalaikum it's not like that.
Suppose you buy a stock and it's not about you bought for long term or short term it's about you analysed that stock and then bought that whenever it's price increase you going sell it. Because the time you bought you didn't know when this stock price going to increase. may be someone bought the same stock 2 months ago and you bought after 2 months then the price increase after 15 days of your purchased.
So the first person waited for 2 months and 15 days and u waited for 15 days only its about intention. Whether you want gamble or not. Trading can be gamble when you make it gamble. And if you analyse and buy for good performance of the company and if it's increase a little you can sell its not haram because you don't want to wait for high return
@@juststarted7906 thank you sir
Hmmm. So if I buy fruit in the morning hoping to sell them by lunch at a profit does it mean it haram just because I kept the stock less than a day?
I don't know how the time limit is determined to be perfectly honest.
When you buy a stock, it means that you become a partner of doing the business. In essence, You cannot be a partner of a business for just one hour or one day. Partner means that you are friends that will go alongside with the business both its profit or losses.
Buying fruits in the morning and selling them in the afternoon or tomorrow, it is not problem because you are trading, not becoming a partner of business.
I agree that here the short term trade point is debatable. Here we also need to consider the transfer of ownership which means if the stock is registered on your name in the company/ exchange's record.
The transfer period is different, but as per my limited knowledge it still takes at least 1 day minimum for the transfer process to be completed.
As a personal practice, i refer this case to a hadith where Prophet Muhammad PBUH forbade to trade something which you do not have in your possession (if someone can give the exact hadith reference and the exact words it would be really appreciated).
I personally follow this rule in trade and wait till the shares are transferred and then make an exit trade if needed. And in general most of the trades are planned so it can be easily managed.
May Allah guide us in the right direction.
Please, i dont understand what dr zakir naik said, im not good in listening.
So he said halal or haram when we trade in short ?
Please whoever answer me 🥲. Thankyou
@@artnosekai8073 he said haram
Anyone from Bangladesh 🇧🇩?
Doctor I have a question. Is selling Options halal? Because selling options is like selling insurance to the shareholders. For example someone is holding the shares of a medicine company and he is scared that the price of the shares can go down so he buys insurance for his shares for hedging purpose. So if that person who is providing the insurance is me, will that premium money I collect be haram? Please explain
Doctor do you take special diet for memory
Don’t sin
Memorising Quran.
Is deriv haram because in the graph we have the ups where you put in the low its going to come down basically I can do the graph reading an you are 95% sure it will fall and you trade is this haram
Trade volidality 75 Indeks is haram?
I get it that buying bank stocks or alcohol company stocks is totally haram. But what i do not get is everyone is saying to invest in a company that dosent takes loans because then you will be part of riba, but tell me which company on earth dosent takes loans? Almost all the companies are build on loans and i think this goes more deep like in that sense isnt working in corporate also haram because those companies also takes loans? I mean is earning that difficult and restricted in islam? Please clear my doubts
So what about crypto day trading?
You can actually own it and sell it as per our favour
🌸🌸
IT stocks me invest krna kesa he, kyu ki wo banks, insurance company Aur NBFC ko bhi service dete he Unka 30-40% revenue Waha se aata he.
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assalamu alaikom, dr. in your opinion how many is the LEaST number of days that is allowable that i can invest my money
T+2 Days probably, since in the company records it takes 2-3 days for your name to be registered as a shareholder.
Check this video out: th-cam.com/video/-oM3HG6893A/w-d-xo.html
In my opinion (Of Halal Equities/Business), the Delivery of Shares is mandatory; For example, It is halal if you are purchasing Stock at a discounted price and selling it in 2 -3 days when the price gets corrected. For example, if I get a chance to buy a business or a restaurant at a discount price later anytime I will sell it If I'm making any gain and I don't find anything haram in this; sometimes I get an offer to buy a phone at a cheap price of which I know I can sell it at a better price later anytime and this is halal. The above video needs correction. Allah knows best.
Yeah, I also have this doubt. I'm agree with you.
But there is a guideline ..which company share we have bought is a halal or haram
@@saqeebshaikh8438 [Of Halal Equities(Shares/Stocks)] Delivery of it is mandatory.. i.e., after settlement (clearing) it happens after that you can sell it anytime you like and this will happen typically in 2 - 3 days but Mr Zakir is saying buying shares for short term is not ok
Assalamalaikum it's not like that.
Suppose you buy a stock and it's not about you bought for long term or short term it's about you analysed that stock and then bought that whenever it's price increase you going sell it. Because the time you bought you didn't know when this stock price going to increase. may be someone bought the same stock 2 months ago and you bought after 2 months then the price increase after 15 days of your purchased.
So the first person waited for 2 months and 15 days and u waited for 15 days only its about intention. Whether you want gamble or not. Trading can be gamble when you make it gamble. And if you analyse and buy for good performance of the company and if it's increase a little you can sell its not haram because you don't want to wait for high return
Sir, Is Nasdaq Stocks Halal or Haram ?
Dr.zakir Naik sir is really a good and intelligent person.i want to ask him a question which is very important for me to ask.can anyone please tell me how can i ask him something?is there any email address or any other way?
My question is, "I'm a college student and I'm a student of commerce/business studies group.is it permissable in Islam to read in business studies group? because I have to solve maths of interest and banking companies.so is it halal to read business studies?"
If anyone can answer this then please help me or give me a way through which I can ask dr.zakir Naik sir the question.thank you
Yes, it is halal. You are not dealing with interest (riba) you are only managing some accounts. Even if you are making such accounts for other people/companies, it is halal as well. Because you are not dealing with interest yourself.
And this channels gets thousands of comments every day, it's not possible for Dr Zakir to reply everyone
As slm just had thought if you buy a share you become a shareholder I understand if you buy a currency or crypto currency then a short term trade be permissible..
Assalamualaikum... Can someone please answer if binary trading is halal in islam? The applications like binomo , iq option, olymp trade and many more... Are those applications allowed to use for earning money?
Is Nasdaq stock trading Haram or halal?
what about crypto its different from stocks and have more utilities is it permissible to day trade
For how time you need to keep stock before selling?
lik for a month or a year but you can't do this in day trading because the market is only open for 7-8 hours
Second question starts at 2:00
There is no guarantee that after 1 year the price of stock will raise.. So i lost my money.. It doesn't consider gambling? Because i could take my profit in a week
Sir, can you please explain that is the option and future trading allowed as per islamic rule
Assalam alekum Dr. Sb
I have a question.
As per you then ...we can trade in weekly also.
Only we can invest for year?
Then it is investment in stock
Then what about trading?
Even we can't trade in weekly also?
same question please guide if you have found an answer to that
There’s nothing haram about day trading if you know what you’re doing and trade with your own money
Do we have any particular index in india as well?
Can you give us some examples of halal stock market companies where we Muslims can possibly invest in?
Assalamu alaikum... I have some doubts in islam...how to ask questions to you sir..
You can ask me here
Assalamualikum! Please advise, is it allowed in Islam cryptocurrency trading on sort period of time for hours or days or months?
Assalamualaikum
I want to know if 'online stock trading' which we can do at some websites like BINANY is HALAL or HARAM???
JAJAKALLAHU KHAIRAN
NAME : Shahriar Hasnat
COUNTRY : Bangladesh
options trading is haraam my brother,unlike warrant it is permissible if you are planning to get mother share