Is online stock trading halal in Islam ?
Is online stock trading halal in Islam? Answer: ﺑﺴﻢ اﷲ اﻟﺮﺣﻤﻦ اﻟﺮﺣﯿﻢ In the name of Allah, the Most Gracious, the Most Merciful
Before investing in stocks or trading them, there are general guidelines/principles to take into consideration. Our Darul Ifta has shed light on this subject, hence you may refer to the following link: https://daruliftabirmingham.co.uk/halal-investments-into-shares/
For more details regarding investing in stocks, you may also study the following books: https://archive.org/details/IslamAurJadeedMaashiMasailByShaykhMuftiMuha mmadTaqiUsmani https://archive.org/details/IslamAurJadeedMaeeshat-o-tijarat/mode/2up https://theislamicestablishment.com/29/2595/issue-of-shares
Only Allah knows best
Written by Maulana Mohammad Ahsan Osmani Checked and approved by Mufti Mohammed Tosir Miah
Darul Ifta Birmingham