Working in interest related companies organizations : Islamic forex broker and day trading

Fatawa Question

[Question One] : Salamoulikom 1. What do you think about Islamic Forex broker ? Is it Halal or Haram ? This is 1 broker offer forex halal : http://www.etoro.com/why etoro/islamic-account.aspx 2. I want to know if I trade example the company apple CFD shares its Halal or Haram ? [Question Two] : Salamoulikom Dr Monzer Barakalafik for your information I have a another question.. It is Haram or Halal to do day trading Ex : I buy and sell apple in the same day many time Barakala fik [Question three] : Salamoialkom Dr Monzer Seriously I don’t know what to do... Forex haram... CFD Haram... Day trading Haram Is there any alternative way to make money Halal ?? For me my priority is the Halal way I was hoping to invest 10 000 $ us in day trading Please give me some advice Barakala fik

Fatwa

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Publication Date

2011-10-21

Main Subjects

Economics & Business Administration
Islamic Studies

No. of Pages

2

Data Type

Fatawa

Language

English

Record ID

BIM-731260

American Psychological Association (APA)

Qahf, Mundhir. 2011-10-21. Working in interest related companies organizations : Islamic forex broker and day trading. .
https://search.emarefa.net/detail/BIM-731260

Modern Language Association (MLA)

Qahf, Mundhir. Working in interest related companies organizations : Islamic forex broker and day trading. 2011-10-21.
https://search.emarefa.net/detail/BIM-731260

American Medical Association (AMA)

Qahf, Mundhir. 2011-10-21. Working in interest related companies organizations : Islamic forex broker and day trading.
https://search.emarefa.net/detail/BIM-731260