The almighty must be angry: Why?

Posted by EngineeringProfit > 2024-03-27 12:50 | Report Abuse

Is the whole business of stock market s-compliant? Interest-Based Transactions: Many conventional stock market transactions involve interest-based elements, such as margin trading, short selling, and the use of leverage. These practices are not permissible in the stipulated finance, which prohibits riba (usury) and any form of interest-based transactions. Uncertainty and Speculation: Its principles emphasize the avoidance of gharar (excessive uncertainty) and maysir (gambling/speculation) in financial transactions. Stock market trading, particularly in speculative or high-risk assets, can involve elements of uncertainty and speculation that are not aligned with the stipulated finance principles. Lack of Asset Backing: Its finance emphasizes the concept of tangible asset backing and real economic activities. In stock market trading, especially in derivatives and financial instruments with no underlying assets, the lack of tangible asset backing can raise concerns about the legitimacy of the investment. Debt-Based Securities: Some securities traded in the stock market, such as bonds and debentures, are based on debt instruments that involve interest payments. These debt-based securities are not considered compliant due to their reliance on riba (interest).

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2 comment(s). Last comment by EngineeringProfit 2024-03-27 13:14

EngineeringProfit

20,578 posts

Posted by EngineeringProfit > 2024-03-27 12:52 | Report Abuse

Serbadinamik & public-fund draining GLCs"

Lack of Transparency and Ethical Screening: Its finance requires transparency and ethical screening of investments to ensure compliance with its principles. However, the stock market may lack comprehensive ethical screening mechanisms, leading to investments in non-compliant or questionable assets.

EngineeringProfit

20,578 posts

Posted by EngineeringProfit > 2024-03-27 13:14 | Report Abuse


To prevent ongoing decay, it is imperative not to incur the wrath of the divine. One decisive action would be to designate stock market operations and affiliated corporations as off-limits to adherents of the scriptures, particularly to avoid entanglements with Serbadinamik and public-fund draining Government-Linked Companies (GLCs).

Transparency and ethical screening, as mandated by sacred teachings, are essential in financial matters. However, the stock market often falls short in implementing robust ethical screening mechanisms. This deficiency can result in investments in assets that are non-compliant or ethically dubious, going against the core principles outlined in the scriptures.

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