Dr Zakir Naik - Stock Market Halal or Haram?

[din]

Dr Zakir Naik - Stock Market Halal or Haram? - YouTube

[asad71]

"Usury" is the use of money/currency as merchandise of trade. This is "haram". All, I repeat ALL, ills of mankind today stem from Zionist/Western Christian bankers/money peddlers manipulating world politics and economics to vet their own profiteering lust. Wars, immorality covering societies, conflicts and even famine and pestilence are caused by these criminals.

[Badlun]

What muslims have done in the past 1400 years who consider all these as Haram! Nothing. Just discussions this is haram and this is halal.

What stock exchange has to do with haram and halal. This is the subject of Economics not religion which deals with faith, worship and morality not with stcok markets. Who is Naik to declare some thing halal or haram. An economist can opine whether stock markets are useful or not but not a religious scholar who should opine on prayers, beliefs and moral subjects not on economy or finances or investments or business related subjects.

[Karachi]

What muslims have done in the past 1400 years who consider all these as Haram! Nothing. Just discussions this is haram and this is halal.

What stock exchange has to do with haram and halal. This is the subject of Economics not religion which deals with faith, worship and morality not with stcok markets. Who is Naik to declare some thing halal or haram. An economist can opine whether stock markets are useful or not but not a religious scholar who should opine on prayers, beliefs and moral subjects not on economy or finances or investments or business related subjects.

The problem comes in things like (Interest). Interest of any kind is a big haram thing in Islam. Though to be honest, it was probably never abolished.

[Shamlawar Khurasani]

This is the subject of Economics not religion

that statement if uttered by a Muslim would result to immediate expulsion form the fold of Islam.

[asad71]

What muslims have done in the past 1400 years who consider all these as Haram! Nothing. Just discussions this is haram and this is halal.

What stock exchange has to do with haram and halal. This is the subject of Economics not religion which deals with faith, worship and morality not with stcok markets. Who is Naik to declare some thing halal or haram. An economist can opine whether stock markets are useful or not but not a religious scholar who should opine on prayers, beliefs and moral subjects not on economy or finances or investments or business related subjects.

1.Islam should not be mistaken as a "religion" in terms of the meaning of the word in the dictionary. Hinduism, Christianity, Judaism, Buddhism, etc are religions. They have temples; we don't. They have idols, images and clergy. We don't.

2.A mosque is not a temple. It is a community center from where The Holy Prophet PBUH and the early caliphs used to carry out official work of the state. Community discussions take place in a "masjid". And then congregation prayers are held. However, a Muslim can pray anywhere clean facing the Holy Kaba. Emperor Aurangjeb often offered his prayers sitting on a horse in battle-field.

3. We do not have a clergy or a class of priests. Mullahs / maulavis /maulanas are learned men merely. Yes, if there are religious scholars or "alems" they are respected and consulted. Jamaluddin Afghani, Burhanuddin Rabbani, for instance.

4. We do not worship any image or idol.

5. Islam is a continuous revolution for the emancipation of mankind. Within The Message can be found all aspects of human activity and human interest. Politics, economics, defense, laws, justice - all are well covered.

[Badlun]

Where this well-covered Islam is implemented today or anywhere implemented and promulgated in the last 1400 years? If you quote the first 30 years of caliphs, it was Arab way of life and the Islam as a religion but not only Islam.