Concept of Maysir (Gambling) in Investing

Join us in exploring the concept of Maysir, an Arabic term for speculation or gambling, often described as a zero-sum game where one wins at the expense of another. Discover why Maysir, a game of chance with earnings based solely on pure speculation, is prohibited in Islam. Learn about the prohibitions outlined in the Qur'an and Hadith, emphasizing that gambling leads to enmity and diverts people from remembering God. Understand how speculative investing in Islamic finance is akin to gambling and why it is discouraged. Find out how Islamic Equities and Derivatives empower you to avoid speculative practices and invest responsibly, contributing positively to the economy.

Details
Published Date
13 Aug 2024
Source
Bursa Malaysia
Proficiency Level
Beginner
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