Yahoo Answers is shutting down on 4 May 2021 (Eastern Time) and the Yahoo Answers website is now in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.
Ramadan: is the stock market haram?
It is an investment you either lose money or gain.
3 Answers
- ?Lv 71 week ago
No, I do not believe so, stock market is a life saver for retirement investors; So long as you pay zakat out of the profits. Obviously, one should consider what they invest in.
- Anonymous1 week ago
Yes it is because
You bet your money @ where your mind is...
Just look at the symbols on your currency
And read
“In God we trust”
In which “God”
It’s shirk which can’t be forgiven
Edit:
Truth hurts
But everyone knows in their deepest mind
Greed = sin
- PyrusLv 61 week ago
Why would it be haram? It's not gambling. You're investing money in something that you've studied and know that will pay off... right?? Also, concerning "haram", you do realize that all that you have to do is basically check whether something is pushing you away from God, right? How is investing in the stock market pushing you away from Him exactly? But if you have doubts, and your actions don't come from faith, then it is sin.
