Is day trading in the stock market allowed as it involves taking risk with an uncertain outcome? If so, how is it different from gambling?
Is day trading in the stock market allowed as it involves taking risk with an uncertain outcome? If so, how is it different from gambling?
Sayyed Mohammad Al-Musawi, Sayyed Mohammad al-Musawi is originally from Iraq and heads up the World Ahlul Bayt Islamic League in London. Other than being involved in various humanitarian projects, he frequently responds to... Answered 4 years ago
If day trading is a trading in which you buy and sell on the same day,bit will be allowed provided you trade with lawful items only. Gambling is not trading at all that is why gambling is Haraam and lawful trading is not Haraam.
Wassalam.
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