Halal transactions and transactions to avoid in trading
I am not a Mufti, but we as Muslims must all be aware of Allah’s limits in our daily financial dealings, as we will be asked about every dinar we earn or spend. Therefore, it is necessary to learn and inquire about what forbidden transactions should be avoided. Even non-Muslims, out of concern for their money, should stay away from risky practices such as leveraged trading, as failure in this type of trading can lead to complete loss of money and many these days have lost all their money due to leverage.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.