Salam Alaykum My brothers All is well ? Or did I forget something?
I will soon start a training to learn trading with order book in France. Trading on the order book mainly allows positions to be taken over a very short period of time.
If I understood correctly, for my trading to be halal :
No problem to buy shares that are validated by the Zoya application.
and I can sell them immediately without problem and use the funds from the sale to reposition myself on the market directly with the rule of "Qabd hukmi ". Constructive possession
Make sure my broker does not lend my shares.
Short selling and leverage is prohibited.
Cfd, Futures, Options = haram
Only dividends need to be purified
All is well ? Or did I forget something?
Jaazaka allah ukheir and sorry my english it’s not perfect.
I am sorry I am not going to answer your question, but as I also live in France, I want to ask you a question about brokerage. do you know a broker who meets these conditions?
I want to invest for the long term but I am looking for a broker who does not lend shares, who does not pay interest on the deposit of cash and who does not collect interest in the event of a negative interest rate (like Degiro).
If you want to trade in a halal way you have to open a cash account and avoid margin account…
If you have more than 25k$ i advise you to open a cash account with centerpoint or with cobra trading and why not interactive brokers if your investment is less than 25k$ …
If you are from France centerpoint accepts you
There is also Webull but it’s available in the USA and UK and Singapore and i think in turkey but not in France.
Thank you for your patience.