"It is important for every Muslim trader to know this"
Financial markets have witnessed an increasing interest from Muslims seeking to make profits without violating Sharia. With the complexity of financial instruments, there is a need to understand Sharia controls to avoid falling into forbidden transactions. How is trading halal? To ensure halal, trading must adhere to Sharia conditions, the most important of which is avoiding riba (interest), gharar (uncertainty), and gambling. Transactions must also be based on real ownership of the assets to achieve a balance between lawful profit and risk.
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