ARE INVESTMENTS AND PROFIT TAKING FROM STOCK MARKETS AND FIXED DEPOSITS, AGAINST ISLAM ?

{ 8 comments… read them below or add one }

wildeyedredhead3000 August 31, 2010 at 9:06 pm

I don’t know why they would be. Could you give some evidence that that is in anyway likely?

alex trần August 31, 2010 at 9:29 pm

No, if you use your investment to make bombs!

David W August 31, 2010 at 9:42 pm

No, it’s ok as long as you make a killing.

Kaf August 31, 2010 at 10:37 pm

if there is a risk of losing, no. but if there are interest that make people earn extra money by other peoples dept, yes, interst is against islam.

indy450 August 31, 2010 at 11:09 pm

From what i’ve researched a few months back, Islam only is against “income that has no definite, legal source”. So if the income is from stock markets and fixed deposits, then, no problem…

jammal h September 1, 2010 at 12:02 am

stock markets profits are considered halal,profit on fixwd deposits is considered usury and is not halal according to the majority of mufti’s

robert c September 1, 2010 at 12:13 am

it’s gambling !!! no matter what u call it .

BATMAN September 1, 2010 at 1:13 am

The best people today said, they have no idea what to make, some things just sugar up and level out all by themselves :) Oh the sweetness.

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