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Is trading halal if you dont know what you're doing

Last updated: 27th June 2025
Question ID: #12059
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Salaams, I have recently started trading on the stock market and dont really know what I am doing. I buy and sell stocks based on feeling and hope which to me sounds like gambling/uncertainty. I buy and sell shares numerous times each day. So, is it permissible if I carry on trading without knowing what im doing?



بسم الله الرحمن الرحيم

الجواب حامداومصليا

Buying and selling shares is allowed. This is not similar to gambling as there is a difference between investment and gambling.

As you don’t know what you doing is better to avoid as it will cause you lots of financial losses.

And Allah knows best

05 Muharram 1447/ 01 July 2025

Mufti
Answer last updated on:
3rd July 2025
Answered by:
Ulamaa ID 04
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