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My broker offered me "Margin Trading" to buy more stocks. Is this Halal?
Margin trading is Haram because the broker is charging you interest on the money they lent you. Also, it involves a lot of "Gharar" (extreme risk). In Halal investing, you should only buy what you can afford with your own cash.
Margin trading is Haram because the broker is charging you interest on the money they lent you.
Also, it involves a lot of “Gharar” (extreme risk).
In Halal investing, you should only buy what you can afford with your own cash.
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