Salaam aleikum,
Gamestop has recently been in the news where its essentially a form of market manipulation type of buying and selling. There are many equivalent crypto attempts are these permissible?
Wasalam
May Allah bless you.
There are two issues with Gamestop:
-
is the share shariah compliant in itself? the answer confirmed by Zoya is that it is not
-
what should be our approach to market manipulation?
for this question please read the article recently posted on the IFG website:
https://www.islamicfinanceguru.com/investment/gme-how-muslims-should-act/
And Allah knows best!