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Online Trading

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In the Name of Allah, the Most Gracious, the Most Merciful.

As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuhu

You have explained that if one deposits $1000, he may trade up to $2500. You did not provide details of the $2500. Will this amount be a loan or a partnership. In distributing the profits and losses, what criteria is used in consideration of the $2500. Explain in detail.

And Allah Ta’āla Knows Best

Ismail Desai,

Darul Iftaa

Checked and approved by,

Mufti Ebrahim Desai

This answer was collected from Askimam.org, which is operated under the supervision of Mufti Ebrahim Desai from South Africa.

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