Can we trade in Stocks & Share market. Can we trade for a short period of 1 hour or 1 day or 1 week?
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- Опубликовано: 22 июн 2020
- Can we trade in Stocks & Share market. Can we trade for a short period of 1 hour or 1 day or 1 week?
Live Q&A by Dr Zakir Naik
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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
Jazak Allahu Khairan Kaseera
JazakAllahu khairan, Dr. Zakir I am very happy to see you.
Jazaka Allah khair جزاك الله خيرا
Jazak Allah❤️
Thankyou To Allah SWT who send dr. Zakir Naik to explain
Wonderful answer, exactly whag I thought 👍 thanks.
Thank you sir for giving us knowledge.
I invite to All of you to Beautiful Recitation ☺
Very good explanation, More over Interday Trading is injurious to health for many people except few
Is binary halal
JazakAllahu khayr Sheikh! May Allah reward you and bless you in this life and in the Hereafter! Allahuma Ameen!
JazakAllah sir
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.
Assalamualaykum sir.
Lots of confusion has cleared from this video.
Thank you sir.
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.
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.
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.
ruclips.net/video/ZozpM3Pkbl4/видео.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.
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
جزاك الله خير الجزاء
جزاك الله خيرا
ruclips.net/video/Ur3kA6rpWSI/видео.html
⚘
I wait for these videos every day
Baaraka Allahu fiik
Alhamdulillah...
Islam is so beautiful❤️
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
Love your videos
thanks dr. now i undertand better.
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.
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?
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.
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🙇♂️🙇♂️
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All are invited for motivational reminders
Thanks sir
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.
Dear Sir, which is the shortest period in which one is allowed to exit from investment?
I want to know it too
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: ruclips.net/video/-oM3HG6893A/видео.html
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?
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Do we have any particular index in india as well?
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
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?
I have a question, what is considered an long period of time 1 month? 6 months? a year??
If we apply same scenario on real estate, one should only lease the real estate and not make trading out of it.
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
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
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?
Aoa..bahi ju online trading companyais hain jab hum pasa invest kartee hain aur wo humy mothly profit dyta hain wo halal hain ya haraam..???stocksons hu gaya aur bee bahot companyains hain..
Assalamualaikum dr.zakir naik mein Pakistan swat se hoon Mera ek question he binary trade ke bare aapki Kia raaye he mujhe tu juwa lagta he es mein agar aap 1 dollar invest karte hein tu agar aapki qismat achi hui,tukka thek laga tu aap ko 1 dollar ke sath 0.80 Kam ya ziada milta he ye Jo applications hein in ke names
iq option
Olymp trade
Octa fx
Hein aap is ke bare mein apni raaye dein bohat bohat shukriya
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 😇
The Prophet P.B.U.H said,whoever has Oppressed another person concerning His reputation or anything else 🤔, He should beg 🙏🏽 him to forgive him before the day of Resurrection 🔥🔥 🏠 🏡 🔥🔥 When there will be No money 💷💰 (to compensate For wrong deeds), but if he has good deeds, those good deeds will be taken from him According the oppression which he has done, & if he has No good deeds left then the sins of the Oppressed person will be loaded on him 😨😱 Sahih Bukhari 2 4 4 9
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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
So how to know that it is the correct time to sell the stocks? after one month,year??
Dr. Zakir can you please tell me that *(MLM)* MULTY LEVEL MARKETING WITH *BINARY PLAN CONCEPT* IS *HARAAM OR HALAAL* PLEASE REPLY MY QUESTION VERY IMPORTANT FOR ME PLEASE AND IN ADVANCE *JEZAKALLAHU-HAIR* FOR REPLYING MY COMMENT!!!!
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 }
Assalamoalaikm i want to purchase car on installment. actual price of car is 100000 but on easy conditions of instalment of srven years company is charging 110000 with no panalty on late installment... Is this profit halal or not??
Assalamualikum sir,
I want to know about dazzal from u
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..
Sir, i am doing stock in usa.. there is regular stock.. another stock is option stock.. can you tell me sir? Option stock is haram or halal??
I quit option trading when I watched this video: ruclips.net/video/LammhgDNsOA/видео.html
So basically if I trade on the monthly ot yearly chart, but see the value of my stock increases over a shorter term period I can sell it. This makes sense as it requires long term margin management.
Assalamualikum! Please advise, is it allowed in Islam cryptocurrency trading on sort period of time for hours or days or months?
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.
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
Taking possession of shares ppl want and selling them during heightened demand. If I purchase a car and sell the same hour,...same comparsion.
What is classed as long term? What is classed as short term?
Sir, can you please explain that is the option and future trading allowed as per islamic rule
Sir, kindly make a clarification on trading in commodities and also whether its permissible to short sell in trading ( as we are selling something which is not in our hand )
It's not permitted according to your definition. But the real definition is that the brokers lend you some stocks to sell and you will return the stocks at the end of the day
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?
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 ruclips.net/video/Dq_IU6G2a0Y/видео.html
@@hussainalishah8020 ruclips.net/video/Dq_IU6G2a0Y/видео.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. 👍🙂
What about margin trading?
Can any explain,is it permissable?
Ass-alamu-alaikum please how do I ask dr zaki Naik a question
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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.
Doctor do you take special diet for memory
Don’t sin
Memorising Quran.
Buying a stock when it’s at depth due to covid 19 is it consider haram? Because I know that stock will clear it’s depth in 3 month. I’m trying to buy it lower (depth)
Assalamu alaikum... I have some doubts in islam...how to ask questions to you sir..
You can ask me here
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.
Hi guys , i don't know anything in trading could you recommend me something or even tips or videos that can help me
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
Someone can explain for me the last part of the video pls thanks
What about the funded trading account ?
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.
Can we buy medical Insurance for. Corona?
Sir halal stocks if it takes bank loan and pays interest on it ..is it haram or halal ???
ITS HARAM AS interest is haram
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
what about crypto its different from stocks and have more utilities is it permissible to day trade
Assalamualaikum how much is minimum time span for which we can invest
Yes Bro, In My Personal Opinion About At Least An Year.
Can you please tell if Crude oil is Halal or haram. I stopped trading but I have good knowledge on cudeoil commodity. Please
Why would crude oil be haram?
Assalamu Alaikum🇧🇩❤
Salam, what are your thoughts on Prosperitrade they only do halal stocks. Prosperitrade they did DD on EXAS with an oncologist as a special guest.
ruclips.net/video/ZozpM3Pkbl4/видео.html
From which website I will invest for?
Koi bata daye ka inhoo na trading halal karar di haa ya haram pls...mujhe english nai aayi
❣️❣️❣️
How can i ask dr.zakir naik?
Sir, Is Nasdaq Stocks Halal or Haram ?
Is Nasdaq stock trading Haram or halal?
So i can‘t do daytrading with the forex market?
Then what about the binance futures trade?
What is about binary opition trading? Is it hala?
"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😮
Which index Dr said