I am trying to research on Islamic Finance and how it works (or how it "should" work) in today's world of dominating western finance and Riba'. SPECIFIC TOPICS include: How a merger transaction between two companies would be implemented under Islamic Law? Also how would it differ between two Islamic countries ( it shouldn't, since there's only.. More
I trade in stocks. Please let me know if the following are halal or haram: 1. a margin account (an account that lets me borrow for a few hours, days or months to buy stocks. The money has to be repaid with a variable interest); 2. day trading (buying and selling the same stock in one day or over a short period of time)? 3. futures and commodities?.. More
Asalam wa alikum. Is having credit Card Halal or Haram? There is interest in it (riba)and it's Haram . But in most of the trade transactions you have to use credit card in Canada. 2-If I want to study at the university there is a student loan Interest (Riba). Is it O.K to take a loan with (Riba) or Haram? jazakum allah kul khir.. More