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Categories: Margin Trading , Trading

  • Q1 - I'm day trader using margin trading but the broker won't charge me any interest nor high brokerage i.e brokerage is fixed at 40 rupees.Is it Haram to me to use margin trading? 

    A - As long as it does not fall into the category of gambling, or investment is in haram stocks and the value of the stocks are tangible or measurable it is ok.

    Maulana Nabi Raza Abidi