DAY Trading in Stock market is Halal or Haram please need help

A good example of ignorant interpretations.

From (S 16: 67) , it is clear that intoxicants are the sign of God

So in this ( S 5: 90) we cannot declare that intoxicants are the sign of Satan which is contradictory

In this Aya God is saying these things work as helper for Satan if taken in excess or misused

and remember even a woman can also lead you to the path of Satan but it does not mean you cannot take a woman or have children


(S 4 : 43)

O you who have believed, do not approach prayer while you are intoxicated until you know what you are saying or in a state of janabah, except those passing through [a place of prayer], until you have washed [your whole body]. And if you are ill or on a journey or one of you comes from the place of relieving himself or you have contacted women and find no water, then seek clean earth and wipe over your faces and your hands [with it]. Indeed, Allah is ever Pardoning and Forgiving.

An plz do not disprove God's words by Mulllah's Created Words ... If you think God's every word in Quran is true and eternal then refrain from quoting Mullahs created Gods
 
Last edited:

PIND-WALA

Chief Minister (5k+ posts)
Here are my 2 cents reg day trading.
In day trading , you do not actually provide any service /product like any other business . This is mainly a transaction of money and only way you can makemoney is when someone else is loosing or the stock continues to go up n up. So in the nutshell this investment does not create any job nor does it do any good to society at large.
2ndly you can actually sell the stock 1st and buy later in day trading then it simply goes against the basic rule that how can u sell.something that you dont own.
 

affanpervez

Minister (2k+ posts)
From (S 16: 67) , it is clear that intoxicants are the sign of God

So in this ( S 5: 90) we cannot declare that intoxicants are the sign of Satan which is contradictory

In this Aya God is saying these things work as helper for Satan if taken in excess or misused

and remember even a woman can also lead you to the path of Satan but it does not mean you cannot take a woman or have children


(S 4 : 43)

O you who have believed, do not approach prayer while you are intoxicated until you know what you are saying or in a state of janabah, except those passing through [a place of prayer], until you have washed [your whole body]. And if you are ill or on a journey or one of you comes from the place of relieving himself or you have contacted women and find no water, then seek clean earth and wipe over your faces and your hands [with it]. Indeed, Allah is ever Pardoning and Forgiving.

An plz do not disprove God's words by Mulllah's Created Words ... If you think God's every word in Quran is true and eternal then refrain from quoting Mullahs created Gods

It has been claimed by many writers that "Khamr" (intoxicants like alcohol, drugs .. etc) has not been completely prohibited in the Quran, but only discouraged. Others, mainly the followers of hadith, have claimed that alcohol has been prohibited in stages! This article aims at presenting the Quranic evidence which categorically prohibits drinking (and all intoxicants) and that God's Law is given decisively, and not given in stages.
The article also aims at presenting the reader with all the medical facts related to the damage caused to the human body through alcohol consumption.


The Prohibition

The prohibition of intoxicants in the Quran is given through what is called "syllogism". Syllogism is a form of reasoning where we have two given propositions called the premises, and together they lead to a third and equally valid conclusion.




Example:


1- All men are mortal (premise)
2- Caesar is a man (premise)
therefore:
3- Caesar is mortal (conclusion)

With regards to the prohibition of intoxicants in the Quran we read the following two premises:


1-
"God prohibited all "ithm" (sin)" 7:33 (premise)
2- "They ask you about intoxicants and gambling: say, "In them there is a gross "ithm" (sin), and some benefits for the people. But their sinfulness far outweighs their benefit." 2:219 (premise)

therefore:
3- Conclusion : Intoxicants, when used in any way which induces "Ithm" (sin), as in getting drunk or taking drugs to get high, would by definition be prohibited by God since all "ithm" is prohibited by God.

In contrast, when intoxicants are used in the many ways which provide benefits to the mankind without leading to sin, they would not be prohibited (like use of intoxicants in medicine, surgery, cleaning, etc). This is obvious from the fact that God says that there are benefits too from intoxicants. God would not say there are benefits for people if these benefits were prohibited.


The sinful ways of using intoxicants are further given light in the Quran in 5:90 which tells us that intoxicants and gambling are works of the devil. Also in 5:91 where we are told that the devil entices people to use intoxicants and gambling to spread animosity and hatred between people and to distract the human from commemorating God.


Thus it is these sinful uses of intoxicants alone (which contain "ithm"), which are prohibited. Obviously if intoxicants are used in surgery it is not spreading animosity or hatred among people, it would infact be helping people, and thus would not be prohibited.

Commentary on 5:90


[5:90] O you who believe, intoxicants, gambling, altars and arrows of chance are afflictions which are the work of the devil; you shall stay away from him, that you may succeed.



Some scholars have made referrence to 5:90 which speaks about intoxicants, and claimed that the word
‘ijtanibuh’, which is used in this verse, simply means to avoid or to stay away from, but it does not carry the strength of an absolute prohibition.

However, an analysis of the words in 5:90 tells us that this is an inaccurate deduction. In 5:90 God speaks of four afflictions which are the work of the devil, they are:
Intoxicants, Gambling, Alters and Arrows of chance.
This is then followed by the word ‘ijtanibuh’.
Immediately we note that the word ‘ijtanibuh’ is in the singular, it also comes after the mention of the devil.

It is thus clear that it could not be referring to all four afflictions (plural) but can only be referring to what came immediately before it, that is, the devil.

If it were referring to all the four afflictions, the word to be used would have been ‘ijtanibuhum’ (plural).

Thus the correct meaning is:

- Intoxicants, gambling, alters and arrows of chance are afflictions which are the work of the devil.
This is then followed by the command from God to:
- Stay away from him (the devil), in order to succeed.


------------------------------------------


Those who claim that drinking was prohibited in stages, or that it was permitted until the revelation of the Quran, show their ignorance with God's unchangeable law (33:62).

It is well known that alcohol drinking was prohibited in the previous scripture as well, and not only with the advent of the Quran. In the Bible we read:
"Wine is a mocker, strong drink a brawler; and whoever is led astray by it is not wise"(Proverbs 20:1).
"Do not look at wine when it is red, when it sparkles in the cup and goes down smoothly. At the last it bites like a serpent, and stings like an adder"(Proverbs 23:30,31)
_________________________

The following is a presentation of the main ill effects of alcohol on the human body:


1-
Alcohol and Liver Problems
Over the long term, even a drink or two a day can result in abnormal liver functions. Over the years this can result in permanent liver damage, and consequently total liver failure. Liver failure leads to death.
Unfortunately, stopping drinking cannot reverse the damage. Liver problems may show up a number of years after stopping drinking. Alcohol may cause Cirrhosis (liver failure), which may not show symptoms for years.

2-
Alcohol boosts Esophageal Cancer Risk
Drinking when combined with smoking can increase risks for esophageal cancer by more than 100-fold, an international team of researchers report. The team estimates that "up to 90% of esophageal cancers in men could be prevented if these habits could be abated," (Report in the August issue of the International Journal of Cancer).
Esophageal cancer remains one of the leading digestive-tract cancers, killing close to 9,000 Americans every year. Experts have long linked smoking and drinking with the development of this lethal cancer.


3- Alcohol and breast cancer


Studies indicate that women who drink even one or two drinks per day have an increased risk of breast cancer





4- Alcohol boosts toxic levels



Consistent high intake of alcohol causes toxicity to many of the organ systems, especially the liver and the pancreas

5-
Drinking and heart problems
Those who drink have a higher risk of heart attack and stroke. Moreover, excessive alcohol consumption can damage the muscle of the heart, impairing its ability to pump blood, leading to a chronic condition called 'alcoholic cardiomyopathy'. This in turn may cause chronic congestive heart failure.
Several medical studies in recent years have been given widespread publicity because they seemed to substantiate the idea that moderate consumption of alcohol reduced the risk of heart attacks and strokes.
However, antioxidants, the beneficial ingredient in alcohol, can be gotten without the risks of alcohol by eating deeply-coloured fruits and vegetables (red or purple grapes, tomatoes, etc.).
The polyphenols present in grapes are indeed protective against heart disease and many forms of cancer, yet it is not necessary to ferment the grapes to get this benefit.

6-
Alcohol and Weight Gain
Alcohol is a major cause of obesity for several reasons. Carbohydrates have 4 calories per gram, fat has 9 calories per gram, and alcohol has 7. Thus drinking consumes significantly more calories than carbohydrate foods or non-alcoholic soft drinks. Drinking two drinks a day of beer or wine and just one or two of hard liquor will easily add 15 pounds within six months.
Moreover, our bodies absorb the alcohol quickly, it gets rapidly converted to sugar, and this causes the pancreas to secrete insulin. Insulin accelerates the conversion of calories into fat. Finally, alcohol slows down our metabolism, as a result we burn those calories more slowly.

7-
Alcohol and death on the roads
Drinking excessive amounts of alcohol also impairs judgement, and reduces the body's reaction time. It is a fact that the large majority of traffic accidents are caused by excessive consumption of alcohol.

8-
Alcohol and abnormal blood tests
Several blood tests may be abnormal in an alcoholic patient. Often, alcoholics are anaemic as a result of low intakes of folic acid. This type of anaemia shows up as large red blood cells, and is usually detected in lab work to determine blood counts.
Alcohol also affects the liver, and various blood tests to gauge liver function may be abnormal. Liver enzymes (AST and ALT) are increased in the blood in a certain proportion to one another in alcoholic liver disease. The typical suggestive ratio is a level of AST that is twice the level of ALT. Another enzyme, GGT, may be high in the blood of someone who has been drinking recently.
In alcoholic patients with severe liver disease, as well as in other patients with liver disease, blood clotting factor levels may be low and bilirubin levels may be high. Counts of platelets (also involved in blood clotting) can also be low in these patients.
Although the above tests are not diagnostic of alcoholism on their own, they are often used to confirm a suspicion of alcohol abuse or its consequences in certain patients who may not admit to alcohol abuse.

9-
Alcohol and male impotence
Men with chronic high-level alcohol consumption typically experience a decrease in the number of sperm as well as a decrease in sexual drive. Researchers believe that the alcohol lowers the level of the male hormone testosterone, both by decreasing the production of the hormone and by increasing the speed at which the body metabolises it. This means that there is less testosterone available for normal sperm production and sexual function.

10-
Alcohol and low motility
Alcohol may result in abnormal liver function and a rise in estrogen levels which may interfere with sperm development and hormone levels. Alcohol is also a toxin that can kill off the sperm-generating cells in the testicle. Consequently, there is indication that low motility may be linked to excessive alcohol intake.

11-
Alcohol and pregnancy
Full-blown alcohol syndrome may be seen in women drinking three ounces of absolute alcohol daily (one ounce of absolute alcohol is equivalent to 2 beers, or 2 four-ounce glasses of wine or 2 mixed drinks made with one shot of hard liquor). Fetal alcohol syndrome involves poor growth both before and after birth. Other defects such as heart problems and brain abnormalities are also common. Lesser amounts of alcohol may be associated with more subtle abnormalities, and these may be seen with as little as 2 drinks per day (one ounce of absolute alcohol). More than one drink (more than two times a week) has also been associated with a higher incidence of miscarriage.





12- Father's alcohol intake and fetal health



Over the long term, even a drink or two a day can result in abnormal liver function in the man, which can adversely affect hormones and sperm production. Researches have shown that this may have an adverse relationship with regards to the risk of fetal alcohol syndrome or other birth defects.







13- Alcohol and post Gallbladder removal




It is found that some patients do experience looser stools after their gallbladders are removed, possibly related to the constant flow of bile into the intestine. Because alcohol can also lead to diarrhoea, drinking may compound the problem of cholecystectomy-related diarrhoea in certain people.










14- Risk of Psychiatric Problems for Kids with alcoholic parents





Children of alcoholic parents appear to be at increased risk of a variety of psychiatric disorders and behavioural problems, results of a number of studies suggest.
Such children were more likely than their peers to have attention-deficit hyperactivity disorder, conduct disorder and overanxious disorder. This is according to a report in the June issue of the Journal of the AmericanAcademy of Child and Adolescent Psychiatry.



15- Alcohol and domestic violence



The women (and children) at greatest risk for domestic violence are those whose partner is a regular drugs or alcohol consumer. This is according to results of a study conducted in emergency rooms across the US.
The fact that alcoholism is the major cause of domestic violence is also confirmed in police reports across the country.



16- Alcohol and Work Productivity



Due to the effect of alcohol on the body as a whole, and in personal levels of mental concentration in particular, alcohol significantly reduces productivity of the drinker. An independent research indicated that alcohol-dependent workers more frequently cause alcohol-related work problems -- showing up late, leaving early, doing poor quality or inadequate work, and arguing with co-workers.

"Two specific kinds of drinking behaviour significantly contribute to the level of work-performance problems. These are drinking right before or during working hours (including drinking at lunch and at company functions), and heavy drinking the night before that causes hangovers during work the next day." the researchers, Dr. Thomas W. Mangione of JSI Research and Training Institute in Boston, Massachusetts, and colleagues, explain.

In conducting the study, the researchers surveyed and interviewed more than 14,000 corporate executives, supervisors, and workers at seven Fortune 500 corporations.
 
It has been claimed by many writers that "Khamr" (intoxicants like alcohol, drugs .. etc) has not been completely prohibited in the Quran, but only discouraged. Others, mainly the followers of hadith, have claimed that alcohol has been prohibited in stages! This article aims at presenting the Quranic evidence which categorically prohibits drinking (and all intoxicants) and that God's Law is given decisively, and not given in stages.
The article also aims at presenting the reader with all the medical facts related to the damage caused to the human body through alcohol consumption.


The Prohibition

The prohibition of intoxicants in the Quran is given through what is called "syllogism". Syllogism is a form of reasoning where we have two given propositions called the premises, and together they lead to a third and equally valid conclusion.




Example:


1- All men are mortal (premise)
2- Caesar is a man (premise)
therefore:
3- Caesar is mortal (conclusion)

With regards to the prohibition of intoxicants in the Quran we read the following two premises:


1-
"God prohibited all "ithm" (sin)" 7:33 (premise)
2- "They ask you about intoxicants and gambling: say, "In them there is a gross "ithm" (sin), and some benefits for the people. But their sinfulness far outweighs their benefit." 2:219 (premise)

therefore:
3- Conclusion : Intoxicants, when used in any way which induces "Ithm" (sin), as in getting drunk or taking drugs to get high, would by definition be prohibited by God since all "ithm" is prohibited by God.

In contrast, when intoxicants are used in the many ways which provide benefits to the mankind without leading to sin, they would not be prohibited (like use of intoxicants in medicine, surgery, cleaning, etc). This is obvious from the fact that God says that there are benefits too from intoxicants. God would not say there are benefits for people if these benefits were prohibited.


The sinful ways of using intoxicants are further given light in the Quran in 5:90 which tells us that intoxicants and gambling are works of the devil. Also in 5:91 where we are told that the devil entices people to use intoxicants and gambling to spread animosity and hatred between people and to distract the human from commemorating God.


Thus it is these sinful uses of intoxicants alone (which contain "ithm"), which are prohibited. Obviously if intoxicants are used in surgery it is not spreading animosity or hatred among people, it would infact be helping people, and thus would not be prohibited.

Commentary on 5:90


[5:90] O you who believe, intoxicants, gambling, altars and arrows of chance are afflictions which are the work of the devil; you shall stay away from him, that you may succeed.



Some scholars have made referrence to 5:90 which speaks about intoxicants, and claimed that the word
‘ijtanibuh’, which is used in this verse, simply means to avoid or to stay away from, but it does not carry the strength of an absolute prohibition.

However, an analysis of the words in 5:90 tells us that this is an inaccurate deduction. In 5:90 God speaks of four afflictions which are the work of the devil, they are:
Intoxicants, Gambling, Alters and Arrows of chance.
This is then followed by the word ‘ijtanibuh’.
Immediately we note that the word ‘ijtanibuh’ is in the singular, it also comes after the mention of the devil.

It is thus clear that it could not be referring to all four afflictions (plural) but can only be referring to what came immediately before it, that is, the devil.

If it were referring to all the four afflictions, the word to be used would have been ‘ijtanibuhum’ (plural).

Thus the correct meaning is:

- Intoxicants, gambling, alters and arrows of chance are afflictions which are the work of the devil.
This is then followed by the command from God to:
- Stay away from him (the devil), in order to succeed.


------------------------------------------


Those who claim that drinking was prohibited in stages, or that it was permitted until the revelation of the Quran, show their ignorance with God's unchangeable law (33:62).

It is well known that alcohol drinking was prohibited in the previous scripture as well, and not only with the advent of the Quran. In the Bible we read:
"Wine is a mocker, strong drink a brawler; and whoever is led astray by it is not wise"(Proverbs 20:1).
"Do not look at wine when it is red, when it sparkles in the cup and goes down smoothly. At the last it bites like a serpent, and stings like an adder"(Proverbs 23:30,31)
_________________________

The following is a presentation of the main ill effects of alcohol on the human body:


1-
Alcohol and Liver Problems
Over the long term, even a drink or two a day can result in abnormal liver functions. Over the years this can result in permanent liver damage, and consequently total liver failure. Liver failure leads to death.
Unfortunately, stopping drinking cannot reverse the damage. Liver problems may show up a number of years after stopping drinking. Alcohol may cause Cirrhosis (liver failure), which may not show symptoms for years.

2-
Alcohol boosts Esophageal Cancer Risk
Drinking when combined with smoking can increase risks for esophageal cancer by more than 100-fold, an international team of researchers report. The team estimates that "up to 90% of esophageal cancers in men could be prevented if these habits could be abated," (Report in the August issue of the International Journal of Cancer).
Esophageal cancer remains one of the leading digestive-tract cancers, killing close to 9,000 Americans every year. Experts have long linked smoking and drinking with the development of this lethal cancer.


3- Alcohol and breast cancer


Studies indicate that women who drink even one or two drinks per day have an increased risk of breast cancer





4-Alcohol boosts toxic levels



Consistent high intake of alcohol causes toxicity to many of the organ systems, especially the liver and the pancreas

5-
Drinking and heart problems
Those who drink have a higher risk of heart attack and stroke. Moreover, excessive alcohol consumption can damage the muscle of the heart, impairing its ability to pump blood, leading to a chronic condition called 'alcoholic cardiomyopathy'. This in turn may cause chronic congestive heart failure.
Several medical studies in recent years have been given widespread publicity because they seemed to substantiate the idea that moderate consumption of alcohol reduced the risk of heart attacks and strokes.
However, antioxidants, the beneficial ingredient in alcohol, can be gotten without the risks of alcohol by eating deeply-coloured fruits and vegetables (red or purple grapes, tomatoes, etc.).
The polyphenols present in grapes are indeed protective against heart disease and many forms of cancer, yet it is not necessary to ferment the grapes to get this benefit.

6-
Alcohol and Weight Gain
Alcohol is a major cause of obesity for several reasons. Carbohydrates have 4 calories per gram, fat has 9 calories per gram, and alcohol has 7. Thus drinking consumes significantly more calories than carbohydrate foods or non-alcoholic soft drinks. Drinking two drinks a day of beer or wine and just one or two of hard liquor will easily add 15 pounds within six months.
Moreover, our bodies absorb the alcohol quickly, it gets rapidly converted to sugar, and this causes the pancreas to secrete insulin. Insulin accelerates the conversion of calories into fat. Finally, alcohol slows down our metabolism, as a result we burn those calories more slowly.

7-
Alcohol and death on the roads
Drinking excessive amounts of alcohol also impairs judgement, and reduces the body's reaction time. It is a fact that the large majority of traffic accidents are caused by excessive consumption of alcohol.

8-
Alcohol and abnormal blood tests
Several blood tests may be abnormal in an alcoholic patient. Often, alcoholics are anaemic as a result of low intakes of folic acid. This type of anaemia shows up as large red blood cells, and is usually detected in lab work to determine blood counts.
Alcohol also affects the liver, and various blood tests to gauge liver function may be abnormal. Liver enzymes (AST and ALT) are increased in the blood in a certain proportion to one another in alcoholic liver disease. The typical suggestive ratio is a level of AST that is twice the level of ALT. Another enzyme, GGT, may be high in the blood of someone who has been drinking recently.
In alcoholic patients with severe liver disease, as well as in other patients with liver disease, blood clotting factor levels may be low and bilirubin levels may be high. Counts of platelets (also involved in blood clotting) can also be low in these patients.
Although the above tests are not diagnostic of alcoholism on their own, they are often used to confirm a suspicion of alcohol abuse or its consequences in certain patients who may not admit to alcohol abuse.

9-
Alcohol and male impotence
Men with chronic high-level alcohol consumption typically experience a decrease in the number of sperm as well as a decrease in sexual drive. Researchers believe that the alcohol lowers the level of the male hormone testosterone, both by decreasing the production of the hormone and by increasing the speed at which the body metabolises it. This means that there is less testosterone available for normal sperm production and sexual function.

10-
Alcohol and low motility
Alcohol may result in abnormal liver function and a rise in estrogen levels which may interfere with sperm development and hormone levels. Alcohol is also a toxin that can kill off the sperm-generating cells in the testicle. Consequently, there is indication that low motility may be linked to excessive alcohol intake.

11-
Alcohol and pregnancy
Full-blown alcohol syndrome may be seen in women drinking three ounces of absolute alcohol daily (one ounce of absolute alcohol is equivalent to 2 beers, or 2 four-ounce glasses of wine or 2 mixed drinks made with one shot of hard liquor). Fetal alcohol syndrome involves poor growth both before and after birth. Other defects such as heart problems and brain abnormalities are also common. Lesser amounts of alcohol may be associated with more subtle abnormalities, and these may be seen with as little as 2 drinks per day (one ounce of absolute alcohol). More than one drink (more than two times a week) has also been associated with a higher incidence of miscarriage.





12- Father's alcohol intake and fetal health



Over the long term, even a drink or two a day can result in abnormal liver function in the man, which can adversely affect hormones and sperm production. Researches have shown that this may have an adverse relationship with regards to the risk of fetal alcohol syndrome or other birth defects.







13- Alcohol and post Gallbladder removal




It is found that some patients do experience looser stools after their gallbladders are removed, possibly related to the constant flow of bile into the intestine. Because alcohol can also lead to diarrhoea, drinking may compound the problem of cholecystectomy-related diarrhoea in certain people.










14- Risk of Psychiatric Problems for Kids with alcoholic parents





Children of alcoholic parents appear to be at increased risk of a variety of psychiatric disorders and behavioural problems, results of a number of studies suggest.
Such children were more likely than their peers to have attention-deficit hyperactivity disorder, conduct disorder and overanxious disorder. This is according to a report in the June issue of the Journal of the AmericanAcademy of Child and Adolescent Psychiatry.



15- Alcohol and domestic violence



The women (and children) at greatest risk for domestic violence are those whose partner is a regular drugs or alcohol consumer. This is according to results of a study conducted in emergency rooms across the US.
The fact that alcoholism is the major cause of domestic violence is also confirmed in police reports across the country.



16- Alcohol and Work Productivity



Due to the effect of alcohol on the body as a whole, and in personal levels of mental concentration in particular, alcohol significantly reduces productivity of the drinker. An independent research indicated that alcohol-dependent workers more frequently cause alcohol-related work problems -- showing up late, leaving early, doing poor quality or inadequate work, and arguing with co-workers.

"Two specific kinds of drinking behaviour significantly contribute to the level of work-performance problems. These are drinking right before or during working hours (including drinking at lunch and at company functions), and heavy drinking the night before that causes hangovers during work the next day." the researchers, Dr. Thomas W. Mangione of JSI Research and Training Institute in Boston, Massachusetts, and colleagues, explain.

In conducting the study, the researchers surveyed and interviewed more than 14,000 corporate executives, supervisors, and workers at seven Fortune 500 corporations.


Such kind of articles will not serve your purpose ... the writer of this article even missed the Aya in which God said taking Alcohol from trees in one of a signs of God (How can be sin a sign of God , Sin can only be the sin of Satan)

If you will search in the google you will find even hundreds of benefits of wine

The damages the article is claiming are not of Alcohol but of drunkenness and excessive intake

Even excessive intake of salt is dangerous

Just google the damages of meat to human health...there will be hundreds but it does not make meat haram


 
Last edited:
And in bible other Prophets also had wine and we also have Hadiths where Prophet PBUH also had wine (Sahih Muslim: “Drinks, Drinking wine and fermentation, Hadith #3753) and (Musnad Ahmad – Hadith #3594)
 
Thanx for reply dear

Yes that wat i thing. Obvsly if you buy something for trading your target is to sell it at high price. It will be your car, any product etc etc....
Once we buy or short all Profit and loss belongs to us...

You cannot trade something which you do not own...

Day Trading is haraam

The reason behind is that the seller actually 'buys first' in the same trading session but in reality the ownership of share isn't transferred to him and he doesn't actually own those shares, it is the broker who owns those shares. In Islam, you can only sell something which you own yourself. So in this case, you cannot sell those shares which you have just bought in the same trading day as those aren't yet settled against your name. After each trading day, broker submits your holdings to the clearing company (NCCPL) and the process of share transfer begins against your name.

In Pakistan's stock market, it takes usually 2 days for trading settlements, but since the process of share transfer begin right after the broker submits your holdings to the clearing company, you are good to sell those share on the next day because you have paid all the fees and taxes against that particular trade
 
In reality, the stock market dealings are not any better than a Casino. Theory may justify with whatever logic or arguments.

For your information, Shares/Stock represent a portion of real entity (industry or company) as opposed to casino which mostly bets money against plastic dices and cards.

Holding shares for the purpose of reaping benefits of the profits earned by underlying company (as long as it's business is halal) is by no means haraam, but on the contrary is the most preferred way of investment according to shariah
 

blatant

Senator (1k+ posts)
forex day trading is a tricky one.

I heard somewhere "avoid that for which you have to take opinions from far and wide"

In other words, if you have a doubt, or any suspicion. Be safe than sorry.

I have been in same dilemma and I couldn't get a good answer myself. The message I got was that ask yourself in your heart, and only you know and Allah knows about your heart. When you trade, does it feel like some sort of gamble or game, or actually feels like a trade. Just ask yourself. In the end, it's your intent or your conscious that will dictate whether you're on right or wrong. Follow your gut feeling on this one.



Thanks bro apart from this forum tomorow i m going to discuss with the Mufti in UAE as well regarding this. Because before taking consideration of this business i will go each and every corner to get maximum knowledge. Yes indeed, unfortunately we are far behind in islamic study. We study alote about our professional education but never use to give time to our Akhirah education.

I m really sorry for posting this thread here, as it is not the good forum to share with. But it really matters me alote to get information. Becoz i m planning my future on the basis of this. I want to quite job and do this as professionally. Last week one of my office colleague died in front of my eyes due to brain stroke(Most pple in UAE suffering with this issue). I m also in shocked of this, So immediately i planned this to do my own work don't want to spend my whole life like work, depression etc etc.
 

blatant

Senator (1k+ posts)
dude, there is a difference between ALCOHOL CONSUMPTION and ALCOHOLISM.

If you start drinking coca cola 2 litres daily, it will be harmful for your health. But most successful people in today's society with very functional family and work life have a bit of coke/pepsi without much detriment.

What you're emphasizing on is EXCESS/ALCOHOLISM. Alcohol in moderation, all debates aside, is not as harmful as you think it is. Quantity of moderation can be debatable however.

I am not supporting alcohol consumption, I am just clarifying facts from fiction.



It has been claimed by many writers that "Khamr" (intoxicants like alcohol, drugs .. etc) has not been completely prohibited in the Quran, but only discouraged. Others, mainly the followers of hadith, have claimed that alcohol has been prohibited in stages! This article aims at presenting the Quranic evidence which categorically prohibits drinking (and all intoxicants) and that God's Law is given decisively, and not given in stages.
The article also aims at presenting the reader with all the medical facts related to the damage caused to the human body through alcohol consumption.


The Prohibition

The prohibition of intoxicants in the Quran is given through what is called "syllogism". Syllogism is a form of reasoning where we have two given propositions called the premises, and together they lead to a third and equally valid conclusion.




Example:


1- All men are mortal (premise)
2- Caesar is a man (premise)
therefore:
3- Caesar is mortal (conclusion)

With regards to the prohibition of intoxicants in the Quran we read the following two premises:


1-
"God prohibited all "ithm" (sin)" 7:33 (premise)
2- "They ask you about intoxicants and gambling: say, "In them there is a gross "ithm" (sin), and some benefits for the people. But their sinfulness far outweighs their benefit." 2:219 (premise)

therefore:
3- Conclusion : Intoxicants, when used in any way which induces "Ithm" (sin), as in getting drunk or taking drugs to get high, would by definition be prohibited by God since all "ithm" is prohibited by God.

In contrast, when intoxicants are used in the many ways which provide benefits to the mankind without leading to sin, they would not be prohibited (like use of intoxicants in medicine, surgery, cleaning, etc). This is obvious from the fact that God says that there are benefits too from intoxicants. God would not say there are benefits for people if these benefits were prohibited.


The sinful ways of using intoxicants are further given light in the Quran in 5:90 which tells us that intoxicants and gambling are works of the devil. Also in 5:91 where we are told that the devil entices people to use intoxicants and gambling to spread animosity and hatred between people and to distract the human from commemorating God.


Thus it is these sinful uses of intoxicants alone (which contain "ithm"), which are prohibited. Obviously if intoxicants are used in surgery it is not spreading animosity or hatred among people, it would infact be helping people, and thus would not be prohibited.

Commentary on 5:90


[5:90] O you who believe, intoxicants, gambling, altars and arrows of chance are afflictions which are the work of the devil; you shall stay away from him, that you may succeed.



Some scholars have made referrence to 5:90 which speaks about intoxicants, and claimed that the word
ijtanibuh, which is used in this verse, simply means to avoid or to stay away from, but it does not carry the strength of an absolute prohibition.

However, an analysis of the words in 5:90 tells us that this is an inaccurate deduction. In 5:90 God speaks of four afflictions which are the work of the devil, they are:
Intoxicants, Gambling, Alters and Arrows of chance.
This is then followed by the word ijtanibuh.
Immediately we note that the word ijtanibuh is in the singular, it also comes after the mention of the devil.

It is thus clear that it could not be referring to all four afflictions (plural) but can only be referring to what came immediately before it, that is, the devil.

If it were referring to all the four afflictions, the word to be used would have been ijtanibuhum (plural).

Thus the correct meaning is:

- Intoxicants, gambling, alters and arrows of chance are afflictions which are the work of the devil.
This is then followed by the command from God to:
- Stay away from him (the devil), in order to succeed.


------------------------------------------


Those who claim that drinking was prohibited in stages, or that it was permitted until the revelation of the Quran, show their ignorance with God's unchangeable law (33:62).

It is well known that alcohol drinking was prohibited in the previous scripture as well, and not only with the advent of the Quran. In the Bible we read:
"Wine is a mocker, strong drink a brawler; and whoever is led astray by it is not wise"(Proverbs 20:1).
"Do not look at wine when it is red, when it sparkles in the cup and goes down smoothly. At the last it bites like a serpent, and stings like an adder"(Proverbs 23:30,31)
_________________________

The following is a presentation of the main ill effects of alcohol on the human body:


1-
Alcohol and Liver Problems
Over the long term, even a drink or two a day can result in abnormal liver functions. Over the years this can result in permanent liver damage, and consequently total liver failure. Liver failure leads to death.
Unfortunately, stopping drinking cannot reverse the damage. Liver problems may show up a number of years after stopping drinking. Alcohol may cause Cirrhosis (liver failure), which may not show symptoms for years.

2-
Alcohol boosts Esophageal Cancer Risk
Drinking when combined with smoking can increase risks for esophageal cancer by more than 100-fold, an international team of researchers report. The team estimates that "up to 90% of esophageal cancers in men could be prevented if these habits could be abated," (Report in the August issue of the International Journal of Cancer).
Esophageal cancer remains one of the leading digestive-tract cancers, killing close to 9,000 Americans every year. Experts have long linked smoking and drinking with the development of this lethal cancer.


3- Alcohol and breast cancer


Studies indicate that women who drink even one or two drinks per day have an increased risk of breast cancer





4-Alcohol boosts toxic levels



Consistent high intake of alcohol causes toxicity to many of the organ systems, especially the liver and the pancreas

5-
Drinking and heart problems
Those who drink have a higher risk of heart attack and stroke. Moreover, excessive alcohol consumption can damage the muscle of the heart, impairing its ability to pump blood, leading to a chronic condition called 'alcoholic cardiomyopathy'. This in turn may cause chronic congestive heart failure.
Several medical studies in recent years have been given widespread publicity because they seemed to substantiate the idea that moderate consumption of alcohol reduced the risk of heart attacks and strokes.
However, antioxidants, the beneficial ingredient in alcohol, can be gotten without the risks of alcohol by eating deeply-coloured fruits and vegetables (red or purple grapes, tomatoes, etc.).
The polyphenols present in grapes are indeed protective against heart disease and many forms of cancer, yet it is not necessary to ferment the grapes to get this benefit.

6-
Alcohol and Weight Gain
Alcohol is a major cause of obesity for several reasons. Carbohydrates have 4 calories per gram, fat has 9 calories per gram, and alcohol has 7. Thus drinking consumes significantly more calories than carbohydrate foods or non-alcoholic soft drinks. Drinking two drinks a day of beer or wine and just one or two of hard liquor will easily add 15 pounds within six months.
Moreover, our bodies absorb the alcohol quickly, it gets rapidly converted to sugar, and this causes the pancreas to secrete insulin. Insulin accelerates the conversion of calories into fat. Finally, alcohol slows down our metabolism, as a result we burn those calories more slowly.

7-
Alcohol and death on the roads
Drinking excessive amounts of alcohol also impairs judgement, and reduces the body's reaction time. It is a fact that the large majority of traffic accidents are caused by excessive consumption of alcohol.

8-
Alcohol and abnormal blood tests
Several blood tests may be abnormal in an alcoholic patient. Often, alcoholics are anaemic as a result of low intakes of folic acid. This type of anaemia shows up as large red blood cells, and is usually detected in lab work to determine blood counts.
Alcohol also affects the liver, and various blood tests to gauge liver function may be abnormal. Liver enzymes (AST and ALT) are increased in the blood in a certain proportion to one another in alcoholic liver disease. The typical suggestive ratio is a level of AST that is twice the level of ALT. Another enzyme, GGT, may be high in the blood of someone who has been drinking recently.
In alcoholic patients with severe liver disease, as well as in other patients with liver disease, blood clotting factor levels may be low and bilirubin levels may be high. Counts of platelets (also involved in blood clotting) can also be low in these patients.
Although the above tests are not diagnostic of alcoholism on their own, they are often used to confirm a suspicion of alcohol abuse or its consequences in certain patients who may not admit to alcohol abuse.

9-
Alcohol and male impotence
Men with chronic high-level alcohol consumption typically experience a decrease in the number of sperm as well as a decrease in sexual drive. Researchers believe that the alcohol lowers the level of the male hormone testosterone, both by decreasing the production of the hormone and by increasing the speed at which the body metabolises it. This means that there is less testosterone available for normal sperm production and sexual function.

10-
Alcohol and low motility
Alcohol may result in abnormal liver function and a rise in estrogen levels which may interfere with sperm development and hormone levels. Alcohol is also a toxin that can kill off the sperm-generating cells in the testicle. Consequently, there is indication that low motility may be linked to excessive alcohol intake.

11-
Alcohol and pregnancy
Full-blown alcohol syndrome may be seen in women drinking three ounces of absolute alcohol daily (one ounce of absolute alcohol is equivalent to 2 beers, or 2 four-ounce glasses of wine or 2 mixed drinks made with one shot of hard liquor). Fetal alcohol syndrome involves poor growth both before and after birth. Other defects such as heart problems and brain abnormalities are also common. Lesser amounts of alcohol may be associated with more subtle abnormalities, and these may be seen with as little as 2 drinks per day (one ounce of absolute alcohol). More than one drink (more than two times a week) has also been associated with a higher incidence of miscarriage.





12- Father's alcohol intake and fetal health



Over the long term, even a drink or two a day can result in abnormal liver function in the man, which can adversely affect hormones and sperm production. Researches have shown that this may have an adverse relationship with regards to the risk of fetal alcohol syndrome or other birth defects.







13- Alcohol and post Gallbladder removal




It is found that some patients do experience looser stools after their gallbladders are removed, possibly related to the constant flow of bile into the intestine. Because alcohol can also lead to diarrhoea, drinking may compound the problem of cholecystectomy-related diarrhoea in certain people.










14- Risk of Psychiatric Problems for Kids with alcoholic parents





Children of alcoholic parents appear to be at increased risk of a variety of psychiatric disorders and behavioural problems, results of a number of studies suggest.
Such children were more likely than their peers to have attention-deficit hyperactivity disorder, conduct disorder and overanxious disorder. This is according to a report in the June issue of the Journal of the AmericanAcademy of Child and Adolescent Psychiatry.



15- Alcohol and domestic violence



The women (and children) at greatest risk for domestic violence are those whose partner is a regular drugs or alcohol consumer. This is according to results of a study conducted in emergency rooms across the US.
The fact that alcoholism is the major cause of domestic violence is also confirmed in police reports across the country.



16- Alcohol and Work Productivity



Due to the effect of alcohol on the body as a whole, and in personal levels of mental concentration in particular, alcohol significantly reduces productivity of the drinker. An independent research indicated that alcohol-dependent workers more frequently cause alcohol-related work problems -- showing up late, leaving early, doing poor quality or inadequate work, and arguing with co-workers.

"Two specific kinds of drinking behaviour significantly contribute to the level of work-performance problems. These are drinking right before or during working hours (including drinking at lunch and at company functions), and heavy drinking the night before that causes hangovers during work the next day." the researchers, Dr. Thomas W. Mangione of JSI Research and Training Institute in Boston, Massachusetts, and colleagues, explain.

In conducting the study, the researchers surveyed and interviewed more than 14,000 corporate executives, supervisors, and workers at seven Fortune 500 corporations.
 
From (S 16: 67) , it is clear that intoxicants are the sign of God

So in this ( S 5: 90) we cannot declare that intoxicants are the sign of Satan which is contradictory

In this Aya God is saying these things work as helper for Satan if taken in excess or misused

and remember even a woman can also lead you to the path of Satan but it does not mean you cannot take a woman or have children


(S 4 : 43)

O you who have believed, do not approach prayer while you are intoxicated until you know what you are saying or in a state of janabah, except those passing through [a place of prayer], until you have washed [your whole body]. And if you are ill or on a journey or one of you comes from the place of relieving himself or you have contacted women and find no water, then seek clean earth and wipe over your faces and your hands [with it]. Indeed, Allah is ever Pardoning and Forgiving.

An plz do not disprove God's words by Mulllah's Created Words ... If you think God's every word in Quran is true and eternal then refrain from quoting Mullahs created Gods


There is no contradiction between 2 verses but a concoction made by you to deceive other people


(16: 67) Naturally produced intoxicant is the sign of Allah
(5: 90) Act of consumption of all intoxicants are act of Satan

Quran is clearly differentiating between the production and consumption of the same thing in completely opposite way


Next time you better use your mind instead of consulting with your own personal molvi i.e. Satan
 
There is no contradiction between 2 verses but a concoction made by you to deceive other people


(16: 67) Naturally produced intoxicant is the sign of Allah
(5: 90) Act of consumption of all intoxicants are act of Satan

Quran is clearly differentiating between the production and consumption of the same thing in completely opposite way


Next time you better use your mind instead of consulting with your own personal molvi i.e. Satan

You need to use your brain

If a produce of of wine is a sign of Allah ......then what will you do with this sign of Allah , you will throw the sign of Allah into gutter ?

Lie is not sign of Allah ........... Harmful and act of Satan

Idol worship is not a Sign of Allah ...... But act of Satan

But wine is sign of Allah and allowed in moderation .... and everything if taken in excess is haram and leads to the path of Satan

If you will read all the Ayas of Quran then there will be no confusion ... but if you will give credibility to Mullahs coined stories over Quran then It's not my concern , it's between you and Mullahs for me Quran is enough and superior
 

Mojo-jojo

Minister (2k+ posts)
You need to use your brain

If a produce of of wine is a sign of Allah ......then what will you do with this sign of Allah , you will throw the sign of Allah into gutter ?

Lie is not sign of Allah ........... Harmful and act of Satan

Idol worship is not a Sign of Allah ...... But act of Satan

But wine is sign of Allah and allowed in moderation .... and everything if taken in excess is haram and leads to the path of Satan

If you will read all the Ayas of Quran then there will be no confusion ... but if you will give credibility to Mullahs coined stories over Quran then It's not my concern , it's between you and Mullahs for me Quran is enough and superior

مبارک ہو آپ نے تو ایک مکمل اور جامع شریعت کھڑی کردی ہے
مگر یہ داعش کا ضد معلوم ہوتی ہے
کہ جس طرح وہ دین کی ایک اپنی انتہاپسندانہ ایڈیشن پیش کررہے ہیں آپ نے اس کا بالکل الٹ کیا ہےاور دین کے نام پر سب کچھ کرنے کا لائیسنس دیدیاہے
 
مبارک ہو آپ نے تو ایک مکمل اور جامع شریعت کھڑی کردی ہے
مگر یہ داعش کا ضد معلوم ہوتی ہے
کہ جس طرح وہ دین کی ایک اپنی انتہاپسندانہ ایڈیشن پیش کررہے ہیں آپ نے اس کا بالکل الٹ کیا ہےاور دین کے نام پر سب کچھ کرنے کا لائیسنس دیدیاہے

No I am not coining a Shariah ..... I am just discussing the words of God in Quran
 

affanpervez

Minister (2k+ posts)
Such kind of articles will not serve your purpose ... the writer of this article even missed the Aya in which God said taking Alcohol from trees in one of a signs of God (How can be sin a sign of God , Sin can only be the sin of Satan)

If you will search in the google you will find even hundreds of benefits of wine

The damages the article is claiming are not of Alcohol but of drunkenness and excessive intake

Even excessive intake of salt is dangerous

Just google the damages of meat to human health...there will be hundreds but it does not make meat haram



dude, there is a difference between ALCOHOL CONSUMPTION and ALCOHOLISM.

If you start drinking coca cola 2 litres daily, it will be harmful for your health. But most successful people in today's society with very functional family and work life have a bit of coke/pepsi without much detriment.

What you're emphasizing on is EXCESS/ALCOHOLISM. Alcohol in moderation, all debates aside, is not as harmful as you think it is. Quantity of moderation can be debatable however.

I am not supporting alcohol consumption, I am just clarifying facts from fiction.









 

blatant

Senator (1k+ posts)
affan you didn't get the point even though i did clarify that my point was about the dangers of alcohol as EXAGGERATED by you.

I AM NOT CONTESTING ISLAMIC JURISPRUDENCE ON ALCOHOL. Please try to understand that point, and stop quoting verses of quran on that, as most people know it's not allowed by the religion.

My point again is on, the medical side of things.

Go and read my point again. IF you can't understand it, please ask Allah for better comprehension and understanding of what other people tell you. They may not be intending what you think they are ( I hope it's not very difficult english for you !)

 

blatant

Senator (1k+ posts)
I will disagree on that one.

IF wine is a natural sign of Allah. A pig is a natural sign of Allah. It's not halal.

Whether we like it or not, intoxicants were allowed for previous generations. For this ummah, THEY HAVE BEEN PROHIBITED. Whether we like it or not and before we complicate this matter more.

As I mentioned earlier, when you have to go lengths and stretch religion to justify your excuse, in your heart you know you're doing the wrong thing. This is exactly why we have almost 72 firqas in islam as predicted. In the end, you do not need to justify to anyone in society, or your family. So long as you can justify it to yourself, and to Allah , please go ahead and do as you please.

It all comes down to intention in the end, and only Allah knows about your intentions probably better than you do.


You need to use your brain

If a produce of of wine is a sign of Allah ......then what will you do with this sign of Allah , you will throw the sign of Allah into gutter ?

Lie is not sign of Allah ........... Harmful and act of Satan

Idol worship is not a Sign of Allah ...... But act of Satan

But wine is sign of Allah and allowed in moderation .... and everything if taken in excess is haram and leads to the path of Satan

If you will read all the Ayas of Quran then there will be no confusion ... but if you will give credibility to Mullahs coined stories over Quran then It's not my concern , it's between you and Mullahs for me Quran is enough and superior
 
I will disagree on that one.

IF wine is a natural sign of Allah. A pig is a natural sign of Allah. It's not halal.

Whether we like it or not, intoxicants were allowed for previous generations. For this ummah, THEY HAVE BEEN PROHIBITED. Whether we like it or not and before we complicate this matter more.

As I mentioned earlier, when you have to go lengths and stretch religion to justify your excuse, in your heart you know you're doing the wrong thing. This is exactly why we have almost 72 firqas in islam as predicted. In the end, you do not need to justify to anyone in society, or your family. So long as you can justify it to yourself, and to Allah , please go ahead and do as you please.

It all comes down to intention in the end, and only Allah knows about your intentions probably better than you do.

You are missing the point

Pig and wine plants are God's creation

Here wine extraction form wine fruits is a sign of Allah and remember on the night journey of Prophet (PBUH) Haztat Gebrael offered Prophet wine, honey and milk .............. So you think Hazrat Gebrael offered a Haram drink to prophet

and look at this Aya

Is the description of Paradise, which the righteous are promised, wherein are rivers of water unaltered, rivers of milk the taste of which never changes, rivers of wine delicious to those who drink, and rivers of purified honey, in which they will have from all [kinds of] fruits and forgiveness from their Lord, like [that of] those who abide eternally in the Fire and are given to drink scalding water that will sever their intestines?

God saying those who drink


(Surat XLVII, 15)
 

affanpervez

Minister (2k+ posts)
You are missing the point

Pig and wine plants are God's creation

Here wine extraction form wine fruits is a sign of Allah and remember on the night journey of Prophet (PBUH) Haztat Gebrael offered Prophet wine, honey and milk .............. So you think Hazrat Gebrael offered a Haram drink to prophet

and look at this Aya

Is the description of Paradise, which the righteous are promised, wherein are rivers of water unaltered, rivers of milk the taste of which never changes, rivers of wine delicious to those who drink, and rivers of purified honey, in which they will have from all [kinds of] fruits and forgiveness from their Lord, like [that of] those who abide eternally in the Fire and are given to drink scalding water that will sever their intestines?

God saying those who drink


(Surat XLVII, 15)


Please don't take it personally but I have to ask this. Are you really such a moron or just pretending?
 

blatant

Senator (1k+ posts)
punjabi, in jannah a lot of things are promised. And so is wine.

It's prohibited for now ! in this lifetime, for this ummah. And that could be the test of temptations who knows.

If you think you are already in a state of immortality in alim e jannah, then of course wine and hoorain are there for you. Unfortunately most of us mortals are yet to get to that, if lucky.


You are missing the point

Pig and wine plants are God's creation

Here wine extraction form wine fruits is a sign of Allah and remember on the night journey of Prophet (PBUH) Haztat Gebrael offered Prophet wine, honey and milk .............. So you think Hazrat Gebrael offered a Haram drink to prophet

and look at this Aya

Is the description of Paradise, which the righteous are promised, wherein are rivers of water unaltered, rivers of milk the taste of which never changes, rivers of wine delicious to those who drink, and rivers of purified honey, in which they will have from all [kinds of] fruits and forgiveness from their Lord, like [that of] those who abide eternally in the Fire and are given to drink scalding water that will sever their intestines?

God saying those who drink


(Surat XLVII, 15)