Online options trading zakir naik

Non Muslim person asked question regarding permissibility of trading in Islam. Zakir answered his question and give his recommendation of permissibility of those shares who indulge in Sharia based business. So you can do it without any confusion. How much time we can live in this earth? Forex not difficult, without having doubts or confusions, because it is must to avoid the things on which you have doubt. So, the currencies belongs to the country and country belongs to its governor, then to whom the currency belongs indirectly? Forex, delivery of spot FX takes place in 2 days. Okay, 120 years at most.

Did you ever thought about this matter? Let me give you the example of Dr Zakir Naik. Also, I am planning to go to some scholars, telling all the things in detail to them and ask as I know some scholars personally. If the FX trading is permissible or not. Why you extend your positions by giving swap? Money cannot grow because of time. Well, the main question remains same.

Let me ask you a simple question. Without borrowing, no chance of business. Finished contests and promotions. So, I thought that asking from you here will be a good idea. No wonders that some scholars, who are well in finance world suggests to go with it. Trading opportunities in different countries! It is not only halal. Muslim, the christian and other. Outdated and irrelevant treads. As far I know that is no restriction on joining if your all documents are acceptable for trading, you can check about it more with robo forex live chat service they can suggest you better about it. Just make your account swap free because swap is not Halal in Islam.

The purpose of opening that thread is: Knowledge to inform you and getting yours information in my knowledge, so I may know what you have and you may know what I am saying. The main question remains same. Also when you make profit never other trader make loss of money due to your profit. What is annoying me is the fact about leverage in Forex which is not mentioned anywhere in the internet. Muslim trade forex and this days some brokers have Islamic accounts on their platform. The avg is 60 years.

Whether simple loan or credit transactions. Trading from A to Z, so I am pretty sure that my thread comes in the same category. It is just the information I thought to give you about leverage because it is the first reason your scholar will give you to say that it is impermissible. Its because in stocks, they are lending you REAL money instead of just contracts, so that you could buy and sell your shares, and the main point is to control the debt. Even banks lack such kind of funds for immediate delivery, brokers are far from that. It turns to 100 Million Dollars, How the hell 100 Million Dollars could even be printed in just a day.

Its just a matter of electronic paper works. Forex trading is a serious issue, not little. Another possibility is that, we maybe are working with credit transactions instead of simple loans. We must work together, to find out whether we can go ahead or we should leave it. Information is given so that you could think enough about whether it is okay to go ahead or we should leave this profession. Most likely, simple loans of that high amount cannot be given because it is obvious that it will be less secured for the banks to do that. Whether you can name it fees, or commission or swap or directly interest.

The reason I am saying is that, I want you to think seriously and answer the question because it is the matter of Riba. Use your brain to think about it. Specially the doubt of riba. God and just care about this temporary world? Well, in past years when people were very concerned about FX, they went to some of the online scholars asking that whether is it okay to go ahead with marginal FX trading or not, and most of the time, there used to be an answer that No, marginal trading is not permissible. First you need to keep in mind that it is not a gamble business. Our main goals is to make money and I see no rules stopping any dedicated person form achieving his goals.

Even I am not yet confirmed if dealing in Forex is okay or not. What matters to me is trading forex and making money irrespective of our believe or religion. Do you think that brokerage firms are that much rich to lend you billions of dollars on every trade you make? Riba means, an increase on any type of loan. Will not it turn into billions? If I said yes or no would you have believed me? As about Put option, it really matters with school of thoughts, usually one would consider that it is not possible to sell what you do not have, and to make money with money.

Allah has permitted trade and it is very possible to buy fish when it is cheap and sell fish when it is expensive, even if the same day, so why not a stock IBM if you want to buy at 100 and sell at 102. RIBBA is haram which means INTEREST. Refer to Islamic QA for all your technical questions where they are always answered by scholars. Working or investment in stock market is not haram. May Allah guide you to the right path. Goldman Sachs or JP Morgan dealing with an islamic finance bank where I worked. If you pay extra money or profit to the house member just to keep the shares for longer time if your exposure is already out then it is haram as you are paying him interest. One mechanism is to borrow lets say a IBM share, and then to buy the right to sell it. This is acceptable because you have it. This should answer your question in details. You are asking these technical questions on Quora where there is a great chance of misguidance.

You should ask questions but only to the right people and the right place! As about buying a put which is the right to sell what you do not have, it is more challenging, but I have seen some scholars liberals accepting that. This question was raised to many islamic scholars and one of them is Dr. And this is acceptable. Halal, it is a downpayment and can be used or manipulated as concept as a call option. If you are getting money without the fear of loosing money and you do not have to get worry about it then what you are getting is obviously haram as there is no effort. In stock market you do both, make profit and loose current money as well so it is totally safe to invest there. Please watch it yourself and share so that others may get the chance to watch it as well.

There r some reason as u cant invest in Wine company, loan and housing finance company and some more also. Can you resell that commodity? Please reply as soon as possible. They can tell you what to do. Refer what Other Code n conduct. An option to buy later at a specific price guaranteed now, which you pay for later. India comes in Halah Portfolio. Futures trading generally apply to stocks, indexes, etc.

University of Toronto, Toronto. Is futures trading halal or haram? Those are very important. And if you win the lottery they always give you more then original mount. These are allowed, because the prohibition on futures is based on the uncertainty of the provider in being able to provide the required commodity or service at the time requested. Make sure that, whatever the commodity is, be it stocks, or currency, it already exists in the world. Dua or whatever we can to the best of our ability to save the innocent. Futures Trading HALAL or HARAM? No, go buy them first, and then sell them.

For the sake of simplification, you can consider it as a contract to buy furniture from your aunt, who buys and sells antique furniture. My model had reached the position where I wanted to be but my heart, brain and if I can say soul were not in sync at all. So the issue of house builders selling houses based on blueprints? You can initiate futures contracts, provided the commodity exists and the seller possesses it. So how can we make a futures contract halal? Salam Alaikum brother in islam! Yen at this price, two months from today, and you pay me then. Other than this what are the other halal shares according to Isalm? What exactly are futures?

Should I say yes, and go buy them? How can we tackle these issues? All sorts of thoughts started pouring in and the strong reason that I found for it was that there is a very clear manipulation in this market on a day to day, hour to hour or minute to minute basis and it has been designed in such a way that an individual trader like myself who comes in assuming it is honest is bound to end up in losses and that is the reason there is proven data that 90 percent of people lose in this market. If you bought a futures contract and paid money, that contract entitles you to some commodity. So is it halal? See this video, answer given by Dr. How does it measure up, Islamically? However, why are futures haram? Best thing to do is talk to a shaykh who knows about Islamic finance. Here is the Islamic Ruling well explained with QURAN verse and Hadith Mubaraka.

Muslims and believe in the Day of Judgment the answer is very obvious that we will not participate in anything that is remotely wrong. Futures: Halal or Haram? In essence there should be no treachery involved. The Certainty Principle Down Deposits: Halal or Haram? Buy and sell what exists. You owe some money, and the seller owes some commodity. Pay me next week.

Make it a promise, not a transaction. This entry was posted in Islam, Islamic Finance and tagged stock trading, types of transactions on March 8, 2009 by Ilm Seeker. In the case of the zoo, airline, etc. Assalamoalekum Warehmatullah, I believe I owe this to all my Muslim brothers and sisters and that is why I am writing on this thread. As this is just a reply on a thread I am concluding it here and I hope Inshallah that this would be an eye opener for anyone who is thinking of entering futures market or has entered it or has made a successful model. Can you please suggest me the best way to do the same.

Islamic system, the other party. Halal contrary to the popular view of the Islamic scholars. They provide me commodity even if i dont have enough money. Islamic Finance 101 class. Stock Market Halal Or Haram? Stock Market Halal or Haram?

After badly wounded in the 1MDB scandal, Prime Minister Najib Razak needs PAS to strengthen his chances of winning the next national election. It appears preacher Zakir is also a mercenary, who is willing to wear any hat, for the right price. Good Star Limited, without breaking a sweat. Jewish from the world map? The same goes to Ridhuan Tee who needs to make a living by selling his supposedly Islamic knowledge as a university professor to some gullible students. Which Brokerage and How to open a trading account? The difference is whether they cheat the smart way or otherwise. Indian first should you see a snake and an India.

The belief was: the Indians were so untrustworthy that they are more dangerous and venomous than a snake. Zakir Naik should have had converted hundreds of millions of ignorant Hindus in his own country India, not to mention tens of millions of fake Christians in United States, if he is a genuine preacher blessed and endorsed by the God. Jho Low had siphoned. Can you imagine the level of extremism a Muslim wannabe who doubles as a preacher can possess? How to Write Check to Yourself Every Month? The main dish and actual job is to unite the corrupted UMNO party and clueless PASIslamic party. Chinese Muslim such as Ridhuan Tee who is as dangerous, if not more venomous. Indian and a snake combined. Islam drama thrown in between, and voila, people would believe Zakir just had breakfast with the God.

But are Indians worse than Chinese, Russians or Americans as far as trustworthiness is concerned? The Indian talks a lot while the Chinese earns a truckload. And because Arul keeps twisting facts, he is seen as more dangerous and venomous than a snake. This belief, or rather an insult or even a racist statement, is not only popular in Malaysia but also Thailand and even the America. So to welcome the Mamak Muslim Terrorist Preacher should not seem strange. Hollywood celebrity in Malaysia. No wonder PM Najib Razak and ulama Hadi Awang wanted to be photographed hugging and rubbing shoulders with the preacher.

Malaysia to describe Indian Muslim. Ponzi scheme after all. PAS President Hadi Awang on the other hand, needs to marry UMNO after decades of fruitless battle for real power and money. The reason why a Mamak, or any Muslim wannabes for that matter, is so dangerous starts when they have to prove to the Muslims that they are more Muslim than the Muslims. Well UMNO is now a United Mamak National Organisation. Muslims to hear his speech. Lecturing Malaysian Muslims was just the side dishes. But he was a Saudi Arabian and a Muslim. Why Options Trading Is A Great Leveraging Tool?

Getting Ready To Be Sacrificed? In the context of Malaysia and Thailand, the Indian refers to the people of India origins. Get real, everyone cheats regardless of race. However, the danger comes when politicians and ignorant Muslims started worshipping preachers. Malaysian Muslims would vote exactly what Zakir Naik tells them to. In fact, he had openly urged every Muslim to become a terrorist. It never crossed their minds that if Zakir is so great, he should have united Saudi Arabia and Iran after more than 10 years of lecturing. Mamak in Malaysia is none other than former Prime Minister Mahathir Mohamad, who was born Mahathir Mohd Iskandar Kutty. But his party is split about uniting with UMNO, a fake Muslim party that worships money over Islam.

During the ancient time, these snake charmers were rumoured to control the snakes through black magic. Saudi Arabia government when he stormed and sieged Mecca in 1979, after he proclaimed that the ruling Al Saud dynasty had lost its legitimacy because it was corrupt and had destroyed Saudi culture by an aggressive policy of Westernization. He also loves insulting other religions at the same time. After days of preaching and converting dramas, the real mission is revealed. Just like a great snake oil salesman or owner of Genneva Gold ponzi business, Mamak Zakir Naik talks as if he was a God messenger. The only good Indian is a dead Indian. The belief crawls into business world with the perception that Indian businessmen generally are bad paymaster. How to TT, Wire or Fund your US Trading Account? Indians are indeed more dangerous than the Chinese.

PAS is the best invention since sliced bread. But Mahathir Mohamad was a politician who needed to play the role of a racist to justify his premiership. Here is some good introductory information! Be kind, respectful, and sincere. Although he has publicly disclaimed sectarianism in Islam, he is regarded as an exponent of the Salafi ideology. Keep in mind that the tone you use has a direct effect on the quality of the responses you will receive. He spent about three minutes explaining why he is not qualified to give an answer for that. Do note that it is a work in progress. Everyone is welcome in this subreddit.

Not all of the moderators are Muslims. Resources and helpful discussions by and for converts to Islam. Watched a video by Dr. YouTube for some videos on the matter, you can find some good ones. Always phrase your questions and submissions in a polite manner to ensure proper responses. Do not give or imply any rulings. He has published booklet versions of lectures on Islam and comparative religion. He is sometimes referred to as a televangelist because of his work at Peace TV. Familiarize yourself with the concept of Ikhtilaf. He obviously knows what scholars say about it, but he made it a big point that only someone who studies fiqh is qualified to answer. Nouman Ali Khan at the Dubai Peace Convention when someone asked him if smoking is haram.

Muslims are encouraged and supported in abstaining from pornography and masturbation. Users who post questions regarding the religion on a specific topic should not have their threads derailed or be proselytized about other beliefs. May Allah give you the best success. So I stumbled on the Internet to find a job suitable and halal for me. Reddiquette should be followed. Posts may be removed at discretion if we feel the content lacks in civility. Post your articles, pictures, blogs, videos, and other interesting things relating to Islam. Zakir Naik, and his opinion is that simple stock trading is OK, but futures trading and hedge fund trading is haram, presumably because those are related to gambling on the future. You can refer to and cite other rulings given by scholars. Please visit our wiki first.

Any posts that are answered by the wiki or searching for previous threads may be removed. Assalam Alaykum Brother and Sister. Indian public speaker on the subject of Islam and comparative religion. We do NOT tolerate trolling, verbal abuse, disrespect, or comments that incite others based on difference of belief, race, ethnicity, etc. Submission titles must be somewhat related to the subject matter. Please treat people with the compassion and dignity that you would want for yourself. The most perfect believer in respect of faith is he who is best of them in manners.

Important question to ask, and nope. The requirement to command the right and forbid the wrong does not apply when there is Ikhtilaf upon a position. Everything will be judged on case by case basis. Before becoming a public speaker, he trained as a medical doctor. Naik to enter Britain to deliver a series of lectures. We use cookies and browser capability checks to help us deliver our online services, including to learn if you enabled Flash for video or ad blocking.

By using our website or by closing this message box, you agree to our use of browser capability checks, and to our use of cookies as described in our Cookie Policy. The British, however, want no part of him. Naik in connection with the case registered for allegedly inciting youth to take up terror activities. Zakir Naik declared proclaimed offender, NIA to attach his assets to case The televangelist and founder of the banned Islamic Research Foundation fled from the country a year ago after terrorists in Bangladesh claimed they were inspired by his sermons. NIA registered the case. However, as the court was on leave, the plea will be heard on Monday. Earlier this week, the NIA had obtained an order from the special court in Mumbai to declare Naik a proclaimed offender, and on Friday, the agency moved an application seeking attachment of five of his properties, including his home. Naik, who has left the country. Naik has been promoting enmity between different religious groups in India through his public speeches and lectures on various platforms, and inciting Muslim youth and terrorist in India and abroad to commit unlawful activities and terrorist act.

The probe revealed that a huge quantity of cash was generated by entities and individuals connected to Naik, and invested in real estate and holding companies over the years. NIA prepares red corner notice request against Zakir Naik 11 May, 2017, 01. Hardline preacher finds refuge in Malaysia as politicised Islam grows 2 Nov, 2017, 02. Once an RCN is issued by the global police body, any international agency can arrest the controversial Islamic preacher wherever he is spotted and hand him over to India. NIA files charge sheet against Zakir Naik in hate speech case 26 Oct, 2017, 08. Tribunal 11 May, 2017, 10. Islamic International School in Mumbai illegal, says government 15 Jun, 2017, 02. Middle East, Naik has already been granted citizenship of Saudi Arabia. Zakir Naik trying for Malaysian citizenship: Reports 30 May, 2017, 07. NIA said the order declaring Naik a proclaimed offender was issued recently by a special court in Mumbai, after which the process of attachment of his assets has been initiated. There was no independent verification to this so far. Naik, who was issued a notice last week, has been asked to submit a reply in person by July 13, official sources said. Mumbai region education inspector B B Chavan, in a letter issued yesterday, stated that no school can run without the NOC. Zakir Naik received big sums disguised as gifts: NIA 27 Oct, 2017, 10. BJP spokesperson GVL Narasimha Rao said opportunistic politicians who have taken such a cynical route have bitten dust in politics for hurting Indian sentiments.

Zakir Naik declared proclaimed offender, NIA starts prop attachment 28 Jul, 2017, 10. The Indian government is planning to use its diplomatic channels to frustrate all attempts by Naik to get citizenship in any country, the sources said. Kamal Haasan has arrived on political scene as fringe player: BJP 2 Nov, 2017, 09. Dr Zakir was done before his passport was revoked by India. This means that he cannot travel on an Indian passport. He said that there was no official request at the moment. Tan Sri Mohamad Fuzi Harun. Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi said Malaysia would send Dr Zakir to his home country if the Indian government made an application on the basis of mutual legal assistance.

He said action would be taken against Dr Zakir if he breaks the law, but so far he has not been involved in any criminal activity in the country. It was reported that the Malaysian government did not receive any application from the Indian government to extradite Dr Zakir over terrorism charges. So far, I have not received any extradition request from the Indian government. We are aware of his whereabouts in Malaysia. General of Police, however, said there was no request from the Indian government to extradite Dr Zakir over terrorism charges. Dr Zahid said when winding up the debate on the Supply Bill 2018 for the Home Ministry recently. We ask Allaah to guide us and you.

Islamic law regarding currency exchange. His Messenger but if you repent, you shall have your capital sums. And Allaah is the Source of strength. Blogger 13 Oktober 2017 05. Blogger 12 Oktober 2017 13. But what does that imply to you? Forex Signals Trader 10 Agustus 2017 21. Get your ex CRAWLING back to you. Blogger 10 September 2016 16. Any amount that he takes over this is deemed to be interest. Take a closer have a look at forex buying and selling and you could locate some interesting buying and selling possibilities unavailable with other investments. Fiqh Council in Jeddah no. Mark and his partner, Antony, two days ago and it was GREAT. During the webinar MARK and ANTONY shared their secrets to success and answered questions about their new version of the GPS Forex Robot that is coming out TODAY!

Trader Jonson Gilbard 26 Agustus 2017 22. Praise be to Allaah. Maximum buyers cognizance on major currencies. Dealing indiscriminately in company shares. This is a kind of haraam riba. Physical possession takes place by means of simultaneous delivery by hand. And Allaah knows best. Blogger 16 Juli 2017 00. Investors can react at once to foreign money fluctuations resulting from monetary, social and political occasions, every time they occur.

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