Can we trade on Etoro according to Islam?

Can we trade on Etoro according to Islam ?

Salam, I have a few questions concerning trading with etoro.

  • Can we keep during a longtime an open position according to Islam ?
  • How can we know if the company is halal or haram (for example : a medical company)
  • What is the percentage of sharing with the poor, depending on profits and looses ?

Wa alaykum salaam,

I would encourage you to study the course on Halal Stocks screening offered by Islamic Finance Guru to get a better understanding on investing.

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