What is the Islamic position on CFD trading ?

السؤال

What is the Islamic position on CFD trading ? I know spread betting is not allowed and is fundamentally different to CFD Trading as the former is a synthetic market that can be manipulated by the market makers. Additionally, with regards to ‘owning the stock’, an individual does not own the stock if bought via a stockbroker but is the beneficial holder and thus still receives dividends. CFD trading is the same in that the individual does not ‘own’ the shares but still receives dividends. I know buying stocks and shares is permissible and thus come to the same conclusion with regards to buying and selling using CFD trading, which allows leveraging.

جواب الفتوى

أنقر هنالمشاهدة هذا المحتوى

الناشر

القلم هيئة علماء الشريعة

تاريخ النشر

2014-09-08

دولة النشر

المملكة المتحدة

التخصصات الرئيسية

العلوم المالية و المحاسبية
الأديان
القانون
الدراسات الإسلامية

الموضوعات

• الفقه الإسلامي
• العقود
• الأرباح
• الأسهم

عدد الصفحات

1

نوع البيانات

فتاوى

لغة النص

الإنجليزية

رقم السجل

BIM-726291

• APA
• MLA
• AMA