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Trading on iq option

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nouman66 View Drop Down
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Joined: 04 January 2018
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Post Options Post Options   Thanks (0) Thanks(0)   Quote nouman66 Quote  Post ReplyReply Direct Link To This Post Topic: Trading on iq option
    Posted: 04 January 2018 at 1:00am
Is iqoption is Halal in Islam.?
Trading on iqoption is Halal or not. how iqoption works well the answer to this question is that we have to invest in the market and if the market stays up if we have bought the shares then we will make a profit and if the market goes down from the line where we have invested then we will lose all our money which we have invested.
So my question I this that is that allowed in Islam or not.
kindly guide me correctly i am so confused with this thing
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Aziza25 View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Aziza25 Quote  Post ReplyReply Direct Link To This Post Posted: 04 February 2018 at 7:13am
If you're buying real shares of the company. Then, you're basically an owner of the company. If you buy futures though, it's betting and that's harram
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EqualToAll View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote EqualToAll Quote  Post ReplyReply Direct Link To This Post Posted: 04 May 2018 at 6:18am
You need to choose the Islamic forex account to trade. It should be clearly mentioned in account description. Islamic trading account means that no swaps or roll over charges will be applied to forex trading positions overnight. Such account is free from interest or swap. I can recommend such forex broker with Islamic account - https://royalcapitalpro.com/ar/account-types/islamic. If you still hesitate contact their support for more details about such account.
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