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Is it allowed in Islam to engage in leveraged trading for cryptocurrencies or stocks, which involves borrowing money to trade with?

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Is it allowed in Islam to engage in leveraged trading for cryptocurrencies or stocks, which involves borrowing money to trade with?
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 1 year ago

Yes it is permissible to engage in leveraged trading. As far as the trading itself is lawful.

Wassalam.