Transactions & Dealings >> Shares & Investments

Question ID: 32523Country: India

Title: In intraday we purchase shares of a lawful company in morning wholy the shares risk is comes upon us the value of the shares increase or decrease we are responseble can we trade in intraday please reply.

Question: In intraday we purchase shares of a lawful company in morning wholy the shares risk is comes upon us the value of the shares increase or decrease we are responseble can we trade in intraday please reply.

Answer ID: 32523Posted on: Sep 1, 2020

Bismillah hir-Rahman nir-Rahim !

(Fatwa: 875/722/B=1432) After purchasing the share of any company, it is not lawful to sell it on the same day or the next day when the price goes high. This airy sale of share is unlawful according to Shariah and it is buying rupees with rupees, which is not lawful with difference.

Allah (Subhana Wa Ta'ala) knows Best

Darul Ifta,

Darul Uloom Deoband, India

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Title: In intraday we purchase shares of a lawful company in morning wholy the shares risk is comes upon us the value of the shares increase or decrease we are responseble can we trade in intraday please reply.

Question: In intraday we purchase shares of a lawful company in morning wholy the shares risk is comes upon us the value of the shares increase or decrease we are responseble can we trade in intraday please reply.

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