Shariah Complaint Brokerage | Conventional Brokerage |
Only Shariah Compliant scripts are allowed for trading by following the Shariah Screening Criteria |
All scripts are allowed for trading |
Short Selling is prohibited | Short Selling is allowed |
Intraday trading is prohibited | Intraday trading is allowed |
Margin financing / Badla Financing is strictly prohibited | Margin financing / Badla Financing is allowed |
Future Derivatives and Options are not allowed | Future Derivatives and Options are allowed |
Provisional trading of IPO’s is also not allowed except for IPO’s of those companies which physically exist and are established | Provisional trading of IPO’s is permissible |
Trading in Right allotment shares and preference shares are not allowed | Trading in Right allotment shares and preference shares are allowed |
Posted in: General