Investments, Trading and Gambling
In the context of risks, trading and gambling are both regarded as speculative risks. In both trading and gambling, one can profit or lose. However, there are key differences which make gambling and trading inherently different. Some of the differences from a Shariah perspective are: 1) Gambling is considered to be the staking of wealth by two or more parties where the winner wins all and the loser loses all. In other words, gambling is winning at the expense of another’s loss. Whereas…