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Is Buying $dollars And Keeping With The Intention Of Making Extra Money Okay - Islam for Muslims - Nairaland

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Is Buying $dollars And Keeping With The Intention Of Making Extra Money Okay by EARN: 7:25am On Nov 24, 2014
Salam alaikum,

Please can any one assist with any Rulings on Buying Dollars $ or trading in Currency for aim of making gain or storing their debt.

The recent spike in $dollars vs Naira in last week present an opportunity in trading in currency, can a Muslim venture into such trade?

Is it Gharar or Gambling or uncertainity please some one help out.
Re: Is Buying $dollars And Keeping With The Intention Of Making Extra Money Okay by maclatunji: 4:11pm On Nov 27, 2014
Wa alaykum salam,

Bro. it is better to leave speculation. Please refer to this link http://www.financialislam.com/foreign-exchange.html

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