Q: What is the Islamic position on CFD Trading? I know Spread Betting is not allowed and is fundamentally different to CFD Trading as the former is a synthetic market that can be manipulated by the market makers. Additionally, with regards to ‘owning the stock’, an individual does not own the stock if bought via […]
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Can I recover initial investments made towards CFDs?
Q: Would it be allowed to recover my initial investment made into CFDs or do I call it ‘quits’? الجواب حامدا ومصليا ومسلما ومنه الصدق والصواب A: You cannot take possession of any money that you have received through the CFDs investments even if it is to recover your initial capital deposit. As CFDs […]
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