Day Trading: Halal or Haram?

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Thanks for watching our video: Day Trading: Halal or Haram?
In this video we covered:
Day Trading: Halal or Haram?
Is Day Trading Halal or Haram?
Does Day Trading include any sharia violations?
How can one Day Trade in a halal manner?
Is Margin Trading Halal?
Does Day Trading violate the Islamic rule to not sell what you do not have?
How can people Day Trade if it takes 2-3 days for a Trade to settle?
Can you make a living day trading?
These are perhaps the most common questions I receive from viewers and in this video, I attempt to answer them thoroughly. Day traders look for stocks that move in a predictable way, which are usually traded in one day and are not held overnight. Many scholars say day trading is halal - but there are differing views and it’s an ongoing debate. So let's start the discussion...
Let me know what you think in the comments!
ABOUT OUR CHANNEL
Our channel is about helping people invest to build wealth in a halal way. We cover topics such as halal crypto investing, halal stock investing, and halal product reviews.
CHECK OUT OUR OTHER VIDEOS
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►Crypto Staking: Halal or Haram? • Crypto Staking: Halal ...
CONTACT US
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DISCLAIMER
Anything you hear in this video is an opinion. It is not personalized financial advice. Make sure you do your own due diligence before making any investment decisions.

[@practicalislamicfinance]

Want to learn how to screen stocks for sharia compliance on your own? Enroll in our course to learn how! practicalislamicfinance.teachable.com/p/the-practical-guide-to-screening-stocks-for-sharia-compliance

[@omarahmad681]

In basic is it Halal or haram brother

[@sadiqpasha8974]

Knowledgeable People Please Respond.... In certain regions of India, a trend has emerged where groups encourage people to invest in trading with a minimum investment of 1 lakh rupees, promising a fixed 10% return each month regardless of profits or losses. Although the group claims to invest in halal stocks, the process lacks transparency, leaving investors uncertain about how the promised returns are generated. The question arises: can this type of trading be considered halal, even though it involves investing in halal stocks?

[@letsbefreeletsbefree7183]

Im not muslim but i find many things from religion very good to follow even if i dont call me a muslim

[@aboabdulla18]

Hi Letsbefree Are you interested to know more about this beautiful religion ?

[@saniyaahmad3153]

I will tell you about soul

[@letsbefreeletsbefree7183]

@@aboabdulla18 yeah i would like to read the koran in my own language someday :) but i also want to read the bible :)

[@blueff781]

@@letsbefreeletsbefree7183 you can read both, and it's quran👍

[@omadbekbakhodirov]

i respect you and hope you be a muslim one day, as many muslims don’t know about islam, you have a good heart

[@anishelali8217]

May Allah save you from all haram and grant you baraka in your life. This video clarified me a lot. Thank you

[@zubbusait243]

Alhumdulillah brother..I was margin trading ..thanks to you I'm closing my trading account today..m emotional now..par allah have mercy on me .. Ramadan Kareem mubarak ❤️

[@jumahcontracting6946]

Can i do intraday trade with leverages?? Pls explain bro

[@syedhassanshah1681]

@@jumahcontracting6946 levrage trade is haram in islam because it involves interest

[@letsunbox8977]

Dont close your account bro just try another types of trading which are halal like forex trading etc

[@luqmanhisham6093]

@@letsunbox8977 i’m sorry brother, but forex trading is indeed haram 😔 all peace and love buddy ✌️

[@SuPz3]

@@luqmanhisham6093 assalamualaikum brother, my question is it halal to trading crypto because I make a lot of research and somehow there's lot of that say it's halal or permissable...and also they say forex also halal now because the things is haram when it's written in holy Qur'an and what was mentioned by Holy Qur'an is gambling and riba they say...

[@omerozcan2715]

MashAllah, I like how you make explanation videos about tradings based on islamic laws. Stay motivated and may Allah forgive you for your mistakes.

[@akilic958]

Salamu Alaykum Omer abi! Sizden Tradingla alakalil biseyler sorabilirmiyim? Australiyadan Ahmet

[@omerozcan2715]

@@akilic958 buyur canim

[@cagrihantosun6742]

Selamun aleyküm, İslamın uygun hisselerin listesi yok mu, bu konuda yardımcı olursanız sevinirim

[@raisurrahman7519]

May Allah Grant barakah in your wealth and efforts

[@practicalislamicfinance]

Thank you brother, to you as well.

[@sayyedahteram8559]

@@practicalislamicfinance Sir, In india during day trading brokers allow us to sell the stock first and when day is about to come to an end you must buy it ... During sell money from demat account also deducted... So I want to ask is it permissible to sell the stock and then buy??? Please reply

[@gerrynaldifakhri1008]

Jazakallahu khairan, I finally found a video which explains logically and clears my doubts on minimum amount of share holding time

[@SrinivasaReddy-do3us]

Day trading halal or haram? Mention holding time

[@SokratesStudios]

Thank you brother. You have the most clear answers I've always been looking for . MashAllah

[@tothemoon1956]

Right ✅

[@JBass-kt3df]

Brother Salam o alaikom wa rahmatullah Thank you so much for taking your precious time explaining day trading to us! Including myself, there ton of other brothers who exactly want to know what you have just made available. Keep up the good work my dear brother and may Allah SWT reward you for explaining it to us.

[@practicalislamicfinance]

My pleasure!

[@waseem3967]

@@practicalislamicfinance Salaam brother. Can you please put timestamps if possible???

[@hakan8383]

Salam alikom... Its haram or halal

[@MYKhanFromThe90s]

Amazing stuff! I wish this was available to me a few months or even years ago, but either way, I am happy I stumbled upon your channel now 😂 Thank you so much, and Walaikum Assalam 😁

[@tareqislam1434]

Common stock and live stock 😂

[@adunkb8787]

Now i get it, took me a while to understand as a noob

[@mohamedirshad.10]

haahahahahaha

[@museowe6532]

Salaamualekum my brother can we buy or invest on bitcoin.

[@ehsankhorasani_]

@@museowe6532 yes you can

[@kinganime4955]

@@ehsankhorasani_ brother i have a question which is bothering me alot For ex: in binance i buy dogecoin (in spot trading) for a cheap price and after hours/ a day the price increases and then i sell it for profit , then after a day i re-buy it again So is this halal? Yes or no only plz

[@mustafaalany8630]

Leverage is not a lone, if it was, then if I lost my whole account I should pay the loan back, but no one does. The second thing is, brokers do not benefit because of the loan (as you name it) they benefit from the spread between two currencies. Don't expect that they will allow you to use the platform for nothing. Just like if you want to rent soccer hole, you have to pay for it to be able to play soccer. We pay to be able to trade, not because of the leverage.

[@user-zj6iz1rl8d]

brother i think you are talking about forex, their is a sep video on that. the haram part is the riba in leverage becareful

[@MQureshi1]

I took to comments several times to criticize but every time you answered my critisim already. Good video. Risk and rewards is the key.

[@mohammadhindi4892]

Dude mashallah man!!! I love your video's Keep it up!!!

[@mazinalrashdi869]

Just watched the whole vid and read all the comments. Thanks Rakaan for the valuable input.

[@Anshej]

helal or haram?

[@ishrafhossain2577]

Thanks a ton for this well researched explanation. Helps to focus my trading more on the basis of Islamic morality and guidance, and reject trading methods that are not in line with the deen. Cheers and salaam to you.

[@sayyedahteram8559]

Sir, In india during day trading brokers allow us to sell the stock first and when day is about to come to an end you must buy it ... During sell money from demat account also deducted... So I want to ask is it permissible to sell the stock and then buy??? Please reply

[@MARK--IT]

Brother, what is the marketplace for this day trading? Is it on forex ?

[@youssefhafsi5384]

@@sayyedahteram8559 thats short selling and is haram. Because u sell what dont own + u pay interest on those shares u borrowed

[@zinvafarzeen3329]

If we do trading with cash account and all analysis, neither scalping nor riba is included is forex permissible then ???

[@miniroger7035]

Salaam brother, is there a chance of us seeing what companies you have invested in your portfolio? A weekly update on what you bought and sold is another suggestion I would love too see inshaaAllah

[@aidahdefilippo948]

Rakaan posted this in the video description: m1.finance/tDYnHCZW63WY

[@siputlajuselalu]

Assalamualaikum brother. I have a few questions. 1. Can I apply day trading to crypto? 2. How many days or the shortest period should I consider holding my trade position so it's compliance with sharia law.

[@digitalconsultinguz4360]

Assalamu alaykum brother, I have the same question. Did you find out if crypto day time trading is acceptable in Islam?

[@MohammedTwaha179]

@@digitalconsultinguz4360 did you get answer for it?

[@umairjamali6490]

Same question?

[@slimshady7625]

Hello is short term trading halal can I buy today and sell in a week for profit?

[@mdjawed6628]

If you're living in those country where crypto is legal to trade then you can do trade intraday in same ways according to this video.

[@mohamedbarghouth2675]

From investopedia :"As an example of how settlement dates work, let's say that an investor buys shares of Amazon (AMZN) on Monday, Jan. 28, 2019. The broker will debit the investor's account for the total cost of the order immediately after its filled, but the status as a shareholder of Amazon will not be settled in the company's record books for the investor until Wednesday, Jan. 30. At that time, the investor would become a shareholder of record."

[@Dhabaryare]

Don't trade Amazon it is haram Use Zoya app to distinguish what stocks is haram or halal! Good luck

[@mohamedbarghouth2675]

@@Dhabaryare thank you very much brother may Allah bless you It eas just an example from investopedia my self i never trade stocks as many scholars sayed they are not for trading but only holding I only trade platinum and palladinum Etf s

[@asmaanjum9218]

We are using trading 212, the moment we sell the share money is immediately available to buy other shares .is this a loan extended by the broker or it's a cash money? quite confused!

[@practicalislamicfinance]

Check the settlement time for your broker

[@motazinenglish8190]

@@practicalislamicfinance salam alikom Rakaan. Great work. I use Trading 212 too and to be honest couldn't really understand how it works. All the buying/selling happen immediately and you can use the money mtiple times as you wish. However their T&Cs explain settlement takes t+2 or t+3.. also mentions they may settle transactions on a "delivery versus payment basis" but I have jo idea what it means. I use their ISA invest account (NON CFD account, non margin). All trades happen (over the counter).. is this halal? Is this similar to what you describe in the video or completely different? If you could shed some light on this I would be grateful as a lot of us in UK/EU use this app and other 0 commission apps. Thanks Motaz

[@MrYas18]

@@motazinenglish8190 would love an answer on this, many of us are in a similar position, if we have no intention of cashing the money out once we sell a share it is available to us immediately so we can re invest as cashing it out and then putting it back in to invest does not make sense to me

[@MuslimEventUK]

This is a good question. I would like to provide an answer to this based on my research. Firstly Trading212 is a Cash Account NOT a Margin Account. So as per this video it falls into the first category which Rakaan explained. It does not provide a Margin or any Interest type payment for you to buy stocks on sale of your stock. The way you get your money instantly on sale of your stocks is by a process called Delivery versus payment. The process involves the simultaneous delivery of all documents necessary to give effect to a transfer of securities in exchange for the receipt of the stipulated payment amount. So before the actual settlement takes places which is T+2 or T+3, you get your money. It is like you giving your car documents to the buyer of the car and taking all the money from the seller but telling the seller you can collect the car in T+2 or T+3 days. In this was the buyer is happy that he got the full money and the seller has the car documents to prove that the car is his now. I don't see anything wrong in this type of transaction. Rest Allah knows best.

[@fayistk1155]

In india, same here in zerodha app... money is available immediately after sale... eventhough actual settlement take pkace after t+2 days. But the brocker doesnt charge interest for this amount available... is it haram.?

[@Sinceresadiq]

subhanallah, very important video... jazakallah khairan

[@sikanderamin6096]

I bought the course of Zed Monopoly, an Irish guy. I studied it and I was wondering about all these questions. I see most of them getting answered on your channel. Thank you.

[@sajidanwarr]

Which course?

[@dreamredline68]

Guys i didnt understand well so is it haram or halal to day trade

[@goldeneagle3638]

How did u do so far? I wanted to buy the course too

[@MrXlee1967]

What happens if I don't wait in a cash account for the money to be there, and I buy another stock? Am I borrowing money which has interest or no interest will be accrued, or does the account show I'm getting the funds soon so I can use it, resulting in no interest? I'm basically use my pending money, money that is on its way to me to buy more stock to sell again. Please help me to see why this is wrong. (I do agree any interest of any kind/amount is wrong.)

[@AliAhmed63708]

What about the speculation aspect ? Is speculation based on TECHNICAL ANALYSIS halal ?

[@damianwilliamson9015]

every trade or investment is speculation. the real concern is volatility and managing risk

[@mateen1447]

Does the same thing applies to day trading of cryptocurrencies

[@therahman3293]

Can i use the same 1000 or less amount to purchase another stock on the same day after profit.

[@AhmadIbrahim-z8u]

jazak Allah khair brother, the video was really helpful

[@mauritube6416]

Thank you for the explanation. I was looking for this. Jazaka'Allahu khayran.

[@uniqbuy]

This is great. Always wondered if there was any issue day trading crypto. Margin trading obvs interest involved so not allowed

[@emjay4320]

Salam bro. Thanks for all you do. My question is: if it's a crypto currency like BTC instead of stock, is it halal to day trade it (since the funds settles same day)?

[@tanaruz]

No issue if spot trading

[@mohammadjunaid1002]

Broker here in HK. Cash is available as soon as shares sold and we dont have to buy on margin. That's ok then.

[@Hvmoudi]

but what if the broker does not have commission costs? What is your opinion on using leverage? because the broker doesn't really benefit on the trade except on spreads but spreads is calculated in the trade regardless if you use leverage or not. And the loan actually benefits the two parties because some assets you can't trade because they are just too expensive and your broker wants you to trade that is how they make money.

[@hafeez_kkdv]

You know the practical aspects very well , so your evidences on physical & digiral possession is great.

[@shaikhraihan28]

Assalamualaikum..great video . questions what about after selling stock we have instant settlement on Robinhood can we use that money which we invested not the profit to buy another stock?? With the original money ... please let me know

[@Nouveau0]

Hope he replies soon, am in the same boat

[@grizzlyman329]

If you sell stocks it takes two days for your funds to settle, in Robinhood you have instant buying power because it's a margin account and they are letting you use their money wile your money settles even though their not giving you anything extra.

[@Nouveau0]

@@grizzlyman329 So what's the status in this case? Halal or haram?

[@peledood999]

Asselamualikum. Great explanation. But why do I have to depend on cash that I just made profit to buy another stock. Instead, can't I use the remaining cash in my account that I didn't use for my initial trade to make another purchase?

[@Nouveau0]

@@peledood999 Sure you can. Except sometimes we don't have spare cash in our account.

[@eq7316]

My Allah bless this brother and ascend home to The Firdous. Awesome explanation

[@Dan210_prod73ct]

Thanks a lot for lesson, it is short but to the point, barakallah 😊

[@alzahidsayed7980]

JAZAKALLAH brother. May ALLAH bless you ❤

[@furqansid07]

Aslamaualaikum I want to know that Settel in which accounts dmate accounts or our bank account ? Answers me plzz

[@salehfahd]

Thanks for the video, but I am not sure the point about re-buying stocks on the same day was made clear. Lets say: 1) I fund my Trading 212 account with £1000. I buy 2 shares of XYZ at £500 each. After an hour the share price increases to £510, so I sell both shares at £1020, hence gaining £20 in profit. 2) Two hours after, I buy a share of ZYX worth £1020, then sell it an hour after at £1050, hence gaining £30 profit from that sale. 3) Immediately after that, I decide I have made a good profit on that day and withdraw all my money (ie the £1050). Given that Trading 212 is commission free, I get the £1050 in my bank account. Where is the riba/interest/haram here? Could you please clarify? JazakaAllah khair! :)

[@tru35kill]

I believe they won't transfer the money to your account until all the trades are settled.

[@salehfahd]

@@tru35kill but if they do transfer the amount (meaning I can withdraw it), does that mean is halal?

[@tru35kill]

@@salehfahd they wouldn't do that though because the loan is only within your account. They wouldn't pay out the loan to your bank account

[@salehfahd]

@@tru35kill Are you sure that is the case with Trading 212?

[@tru35kill]

@@salehfahd I havent tried withdrawing from my account yet but I heard it takes a few days. They never transfer instantly.

[@abushah1]

Does day trading of cryptocurrency is halaal ..?

[@Allsortsmarket1]

the question was simple, the answer should have just been straight yes or no. if you did need to say anything extra it should have to been 'To get to a level of being able to make living off day trading you must learn and practise. dont quite your job until you are comfortable with the way you trade. until you fully understand your risk management. finally make a plan.'

[@MosestheMuslim]

If swing trading is halal, then there's no reason for day trading to be Haram. It's the same thing on a different time frame. Both requires technical analysis and money management. Without the two, you can win a lot or lose it all in both.

[@asadags3]

@@MosestheMuslim bro yes I understand and agree with you. I just don't understand why poeple make pointless videos and go off topic.

[@ard35311]

Thank you for this pure information. I want to ask if you execute a trade and the broker takes commision is that halal?

[@affiliatemarketing2514]

Jazakallah. I left trading futures after watching your videos. But i want to ask about spot trading in binance. In spot trading , i buy a coin and it is immediately transfered in my account. And after selling the coin on same day , i get the usdt on the same day and i can sell or use those usdt on the very same day. So is it halal ?

[@crack_void]

So if I do day trading after every 3 days then I would be halal right Where my cash settlement is done and I’m only choosing halal stocks verified by experts

[@mohamedafham1576]

This is a very informative video and clears my confusion on the islamic perspective of cash and margin accounts. May Allah SWT bless you and us with his guidance throughout.

[@niloyahmed4462]

Robinhood and many other trading platforms do not charge interest for trading with unsettled fund

[@vevocare7177]

Day trading is halal. Many scholars give fatwa without even knowing how it works or having any experience in the stock market. How is it gambling when you have a stop loss and know how much you will lose at most?

[@adnanvokshi1127]

you convinced me bro, thanks.

[@ShahzadAhmed-qm9zo]

Assalamualaikum Is cryptocurrency halal or haraam .If i buy a coin and sell the same coin on the same day as the coin prize has raised is it permissible? please answer this question sir.

[@edrismuzemil3967]

It's halal

[@kouhat]

Is daily trading in cryptocurrency Halal? since it's done immediately in spot ( binance) so i can pay and sell many times a day ?

[@_muscle_madness_1248]

I think its halal

[@kouhat]

i don't feel comfortable about it. and couldn't find trusted fatwa about it. any help?

[@Zaykage]

I don’t get what you mean in regards to the sale settling before the proceeds are used for any trade. I personally use a Robinhood cash acc and instead of withdrawing my profits into my bank account, I use that buying power (cash ready after trade is complete) to establish a bigger position during the next trade and exponentially grow the amount I allotted myself for day trading. Does this qualify as sales settling?

[@misszara786]

Yes this is what I was thinking. Money is digitally available on the screen and can be used again to trade. I assume from this video you can only trade once a week (3 days settling and process of withdrawal) and take earnings out into your personal account and then trade again? That doesn’t make sense. This way no more money can be made and for this you’re talking about very big accounts.

[@Zaykage]

@@misszara786 yes wouldn’t make too much sense. There’s Hadith that prohibits futures/options trading but no solid evidence against day trading, that I know of of course

[@ishraqahamed8284]

Assalamualikom: is it allowed to day trade such as France 40, Italy 40, USD/EUR, USD/GBP, USA30, USA500?

[@usamabuildsinpublic]

Is day trading a crypto halal or haram? The trade or settlement happens immediately in seconds (the funds reflect in my exchange account) and I should be able to use the money to buy the more crypto for day trading. Please let me know.

[@adiadi843]

Assalamoalikum brother. I wanted to know if we are allowed to do day trading with all this criteria...and we do it intentionally with our analysis, so would it be considered as speculation? As Dr. Zakir Naik has said its a speculation, even after fulfilling all the criteria for the permissiblity.. please help me brother, because its not only me... my entire team and startup is based on this. JAZAKALLAH

[@complexboy7301]

Sir.....crypto spot trading like buy and sell at same day or hour is halal?

[@kinganime4955]

Yh i have the same question

[@kinganime4955]

Did u get the answer yet

[@complexboy7301]

No....i didn’t get this answer yet.

[@juanvaldes3891]

Salam, what are your thoughts on Prosperitrade they only do halal stocks. Prosperitrade they did DD on EXAS with an oncologist as a special guest.

[@xenzie-yt8979]

Hello sir, thank you for this beautiful video but I have a small dog so I am trying to do day trading on binance spot. When I buy an asset and when the price is increases within a few hours I sell it and I immediately get the money in my account wallet so I buy again another asset for a a small amount and when the price goes up I again resale it. Is it considered haram or anything else please looking forward to your reply

[@SaeedAhmed-nx1md]

Great video, with best knowledge and very well explained, now I have no confusion about halal and haram thank you so much

[@MARK--IT]

Salam, What is the market place for this day trading? Is day reading being discussed here possible on forex ? If yes , how ? Will it be halal?

[@tariqahmed7893]

Assalamualaikum brothr.... What u mean by saying - ALLOW SALE TO SETTLE BEFORE YOU USE PROCEEDS FROM THE SALE ? U mean....I must transfr amount of 1020$ to my bank account...and thn turn again to my tradin account and thn only I can BUY or SELL whole 1020$ ....am I right ? I must get my profit in hands and thn put again to make profit .... Aftr profit I must take it into my hands(bank ac ) and deposit to Tradin ac and thn use my profit+old balance in next trading....am I right brother ?

[@tannnani2493]

so i am not allowed to trade with the proccedes or the entire amount that I invested in that trade like am I allowed to trade with the 1000$ but not the 20$?

[@ang31032006]

Hi brother, salam, thsnk u for your video very insightful as always. I do have a question , i use etoro and if i close an account/ close the stock the money actually hits my etoro account straight away. In that case isbjt permisabble for me to use the funds to purchase another stock? As its already in mg available balance. Thank u in advance

[@LIVE-POV]

Aoa brother pls clarify if crypto day trading is halal or not?

[@HK-wj5pt]

Awesome video! Thank you so very much for the info. I have a Robinhood Gold account. Robinhood Instant and Gold accounts are Margin Accounts. Having said that, you have the option of turning off Margin Investment. Also, Robinhood states that deposits are made available instantaneously. Does this mean that we do not have to wait 3 trading days to buy again after selling?

[@engenglish610]

Hi Hassan, did you have a response to your question?

[@syedazhar3053]

Does this mean there is no margin given for CNC (cash and carry) trades ?? (Specific to Indian traders) Found this on the margin policy page of zerodha At Zerodha we provide no leverage when you are executing delivery trades which mean that you if you want to buy Rs 1lk of stock as CNC, you will need this Rs 1lk in your trading account and similarly if you want to sell Rs 1lk of shares with product type as CNC, you will need these shares in your demat account mapped to your trading account.

[@PhD-islamic-stocks]

Nice efforts May Allah bless you.

[@sofianekherdjemil8869]

Hello! Thank you for all the information that you provide for use, so my major is finance and international trad can you advise me what could I do for work in halal way. thanks in advance.

[@khani786]

Assalamalikum so webull provide the cash immediately but do not let us sell before it seytles . So if I buy stock with the cash recieved from same day sell but then hold it for 2 days until it settles in account the sell and complete the trade is permissible?

[@mosesokileebokorait6137]

@Brother Kayali, are cash donantions to organisation with the expections of political gains also Haram?

[@noorulansari1671]

Assalamualaikum Brother I want to ask one question If I buy a particular number of stocks today and sell it on the same day or the other day but the Seller of the stocks is unable to deliver the stocks to me because those may be Shorted stocks and stock may have hit upper circuit. So in this scenario he sold me stocks which he didn't have and so did I in turn sold stocks which I didn't have for which I will be fined by the regulatory. Is there a way of knowing that the stocks that I've got are not Shorted stocks? N is it still permissable to sell stocks before I actually own it and have it with me?

[@shamsimussa9893]

@practical islamic finance asalmaleikum sorry bro can i use technical analysis in my trading ...is it halal?

[@sayyedahteram8559]

Sir, In india during day trading brokers allow us to sell the stock first and when day is about to come to an end you must buy it ... During sell money from demat account also deducted... So I want to ask is it permissible to sell the stock and then buy??? Please reply

[@sulemanomar]

Alhamdulillah you covered everything thank you

[@mostafaahmed2173]

so i want to ask about using prop firm like ftmo and myforexfunds accounts (free swap accounts ) it is hala or not + trading indices is hala or haram

[@shafihassan1]

Forex Day Trading using Auto Trading is giving great results...!! Alhumdulilah. Great message!!

[@edisoncavani9274]

Is forex Auto trading halal ??

[@Sara-cu9id]

sorry english is not my first language. so if i were to get the $1020 from sale, i cant buy more stocks on the same day. but i can buy the next day using the money i earn?

[@aslamshaikh3822]

Alhamdulillah Brother.. You Explain Very Well ❤️👌.

[@m.l2989]

Daytrading means (1)buy and sell in Same day or (2) buy and sell in Short duration? If (2) they is Minimum duration defined?

[@tru35kill]

So key take away from this is you can't re-invest the money you make from a sale until the amount has settled, but you can buy and then sell a stock on the same day.

[@ariqkamil571]

6:48 what does "sale to settle" really means? when i sell xyz stock for a $1000,then i had cash on that platform $1000 and I'm not allowed to buy stock unless i withdraw to my local bank and i buy stock and paid it using my local bank???

[@MrYas18]

I have a cash account on T212, when I sell shares the money is back in my t212 account within 1 minute & the shares i sold are gone i no longer own them so can i then use that money again as it is with me

[@atif8483]

@ 6.11 how is it allowed to sell the 2 shares at $1020 when it is not in your possession as it will take T+2 days to settle it. Pls Clarify

[@iTzKheZ]

bitgert got trading platform, so its future trading but i put the leverage as 1x only, can that be halal?

[@ahmedhamdhhussainzuhair5867]

Assalaamalaikum. What if the initial deposit to the account is larger than the shares bought. Is it still not allowed to make another purchase with that money?

[@MdFahim-bd2hw]

Hello , if trade weekly/ monthly normally i follow support resistence in daily frame . I buy low then close when it will go in support. To go to in support need 10 days or 15 days then i close. So this method is haram or halal..?

[@DrZaidable]

1. Is Day Trading/Buying/Investing in coins like BNB where in the company-Binance- which owns BNB deals indulges in Crypto Loans and giving and taking interests? 2. Could you make a video on DeFi and specific COINS which are Halal or Haram based on the Tokenomics or source of income or idea behind the project.

[@alphajalloh8602]

What you mean cash to settle..... if you sell as soon as the sell is executed sometime it takes only minutes or depend on where you put your limit sell it will be executed right away and you will have the money available in your account

[@thememee5786]

Assalamu alaikum warahmatullahi wabarakatuhu It would be kind if you clear my doubt, What if we trade only the principal amount again? Like after we trade a stock for profit, what we have as our balance is "principal amount + profit" So the profit is actually not under our ownership, but the principal amount is i believe. So can we trade again using tht principal amount without having it to be settled in our bank acc?? Plz reply

[@MajidWhy]

Salaam, why would you compare day trading returns on Warren Buffet/any investor returns? Warren buffet or people looking for annual returns on their investments are not day traders so this would be a false comparison? Successful day trading would require making small profit percentage trades against your losses, and is therefore a completely different percentage return analysis?

[@osamakhangermany]

Thanks for the video! While talking about the margin account, you mention that there are only two types of loans in Islam, charitable and Ribawi loans. And then you make the assertion that the only type of loan that the lender is giving is a Ribawi loan, since there is some benefit that the lender is getting out of it. You mention interest as only one possible benefit, but not the only one. But you didn't specify what other benefits the lender is getting from lendingapart from interest. Could you elaborate on that?

[@sameershaik7873]

Assalamualaikum! Need help. If I buy a stock now and sell it after a week once the price goes up. By that time the shares will be credited to my account. I'll be owning those shares. If I sell them for a profit. Is it still haram?

[@muhammadabahraq5386]

JazakAllahu khair Brother 👍

[@ThesniperScythe]

Thank you for your explanation, however I have question you said that I'm not allowed to buy stock during my settlement time, let's say I have 3000 dollars I bought stocks with 1000 dollars my investment returned at 1020 now I can't use that 1020 but can I use my other 2000 dollars?

[@Thaseee]

Salam. Any money in your account that can be withdrawn in cash can be used to buy shares. In your case since the 1020 is yet unrealised you cannot buy shares on it, but you could do so with the remaining 2000.

[@kinganime4955]

@@Thaseee ie: in binance i buy dogecoin (in spot trading) in a cheap price for 100$ then after few hours / a day the price increase and i sell it to get profit n then re-buy the next day So is this halal ? Yes or no

[@z.y.8086]

Aleikum Assalam brother. I didn't understand a little bit. Please tell me, for example, can I buy stocks and sell it's more expensive after minimum three days for the purpose of making a profit ?

[@UsxrUnknxwn]

13:45 for quick answer

[@kevinsjones9493]

Hero

[@fi9884]

Thanks for that!

[@nqtrader]

MashaAllah Very nice presentation very helpful thank you so much

[@armendkolica4414]

Eselamu Alejkum Is it halal or haram to invest in Dcptg?

[@mhmod551]

Mashallah Will done barak allah feaak yiy explain very will May Allah reward you

[@omar1187]

Habibi warren Buffett isn't a trader. He is an investor. These are two different things....

[@jawadazhar7923]

What about leverage trading 🤔 future long is halal or haram in cryptos? And if our leverage is not more than liquidity

[@mohamedlouati7261]

is interactive broker do an immidiate cash settlement after sellling the stoke?

[@drgems]

TOTALLY Disagree with the Thesis, that Daytrading is not working out. To understand what DayTrading really is, you cannot compare with a Hedge Fund Manager or a Warren Buffet. If you do on spot 4 Billion and then gains of 10-20% that's something different. If you are a DayTrader you take Leverage and try to maximize a little amount to get huge gains in opportunity. From Islamic Point of view it's totally different. There I mainly agree with you. But using a proper Risk Management & working on your own Ego/Psychology will help you here to manage your risk.

[@drgems]

Anyway thanks for your opinion and that video. May Allah grant you Jannatul Firdauz.

[@practicalislamicfinance]

Thank you. Regarding your risk argument I think the statistics about day trading stand on their own