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Trading rulings

Is scalping halal?

Answered by the ShariaQuant team

On a spot venue with no leverage, the contract itself is valid, because you are buying and selling assets you own with immediate settlement. The practical problem is different, scalping loses money for most people who attempt it, and fee drag turns a break even strategy into a losing one. Permissible is not the same as wise.

Ownership, settlement, speed

This is Shariah screening and education, not financial advice. Rulings on newer products differ between scholars, so where a question is disputed we say so rather than pick a side for you. If your situation is unusual, ask your own scholar.

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