Is buying shares gambling?
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I'm considering buying shares in companies, hoping they go up, and selling them for profit. I'm not sure if this is considered gambling, and as I'm sure you're aware, gambling is forbidden.
They ask you about intoxicants and gambling say, "In them there is a gross sin, and some benefits for the people. But their sinfulness far outweighs their benefit." They also ask you what to give to charity say, "The excess." GOD thus clarifies the revelations for you, that you may reflect,
O you who believe, intoxicants, and gambling, and the altars of idols, and the games of chance are abominations of the devil; you shall avoid them, that you may succeed.
The devil wants to provoke animosity and hatred among you through intoxicants and gambling, and to distract you from remembering GOD, and from observing the Contact Prayers (Salat). Will you then refrain?
But can share buying be considered gambling? There's certainly a risk involved, you could lose money. I have looked this up already but all I can find are mixed answers, using hadith, so I thought I'd ask here. Thanks.
Also, is buying a lottery ticket gambling?