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what about share market (commudity n mutual fund), is it haram?

asked 215 niju's gravatar image

ANSWER PROVIDED BY MUFTI NAUSHAD SIR. If the situation is like this, you gain when market rise and you loss when market falls. Then it is Halal.

If you gain when market rise and not loss when market falls, then it is haram.

answered 1.1k11042 Irfan%20Alam's gravatar image

i think this is halal, because we can't predect we get profit only. This is one of the bussiness, we got profit or loss

answered 215 niju's gravatar image
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Asked: Oct 19 '12 at 05:02

Seen: 1,298 times

Last updated: Oct 19 '12 at 13:04

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