![]() ![]() Please let us the status of these investments in the Shariah.Īnswer: Bismillahi r-rahmani r-rahim. There is no interest involved as we are not shorting a stock or borrowing anything from our brokers. Some of use are earning very high returns in what has so far been very low risk trades. Here is a Wikipedia link describing it, the first part is about the long straddle: Using this strategy we purchase both put and call options on a stock before a big event (earnings, major news) so we benefit whether the stock moves up or down. Question: Assalamu Alaikum! 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.
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