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May 25, by Editor. Answered by Shaykh Taha Abdul-Basser Question: My friends and I have begun investing in stock options, specifically using the long straddle strategy NOT short and I wanted to make sure it was all Halal.

Here is a Wikipedia link describing it, the first part is about the long straddle: Some of use are earning very high returns in what has so far been very low risk trades.

There is no interest involved as we are not shorting a stock or borrowing anything from our brokers.

Please let us the status of these investments in the Shariah. He is currently the Harvard Islamic Society Chaplain and a member of the Harvard Chaplains.

In addition to his father with whom he began the study of standard Arabic as a child , he has studied the traditional Islamic disciplines with teachers from the Sudan, the Yemen, Tanzania and Bahrain. General Counsel , Hanafi Fiqh , Shafi'i Fiqh Tagged With: SeekersHub Answers Questions and Answers on Islam by Qualified Scholars at SeekersHub.

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