Speculative investment activities may involve both uncertainty gharar. and gambling maysir., and both are prohibited in Islam.

Question

Quizplus · Accepted Answer

In Islamic finance, both gharar (uncertainty or ambiguity in financial transactions) and maysir (gambling) are prohibited because they involve excessive risk and uncertainty, which goes against the principles of fairness and transparency advocated in Islamic law.

Speculative Investment Activities May Involve Both Uncertainty Gharar