Asslamu alaikum!
I want to know that is it permissible to get profit by buy and sell the index (like trading). I have attached index names below
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Asslamu alaikum!
I want to know that is it permissible to get profit by buy and sell the index (like trading). I have attached index names below
Wa alaykum salaam,
If it involves exposure to the price movements without actual ownership of the underlying asset, then index trading would not be Shariah compliant.
Allah knows best