Stock market in Islamic Perspective
The financial crisis is accompanied by a sharp decline in the share prices on the trading floor the United States is the trigger that causes tremendous domino effect for almost all countries which embraced neo-liberal economic system is no exception of Indonesia.
Exchange is a market in which the running of business buying and selling shares. In connection with the earth, also involving the broker who becomes an intermediary between sellers and buyers. Because called Exchange. Some say, that is called the stock exchange since ascribed to a hotel in Belgium where the conglomerate and the brokers gather to perform their work. Or ascribed to him alone named Deer Bursiah Belgium, who had a palace gathering place for the conglomerate and the broker for the same purpose.
Target stock is simultaneously and continuously to create a market where supply and demand as well as people who want to perform a sale and purchase agreement are matched. Surely all this can lead to various benefits which the authors describe some of which will shortly.
But on the other side also contains a lot of elements penzhaliman and criminality, such as gambling, recruitment of illicit money in a way, the monopoly buying and selling, eating people’s money with vanity, playing / speculate with people and society. Because it is caused by the exchange, many wealth and economic potential which was destroyed in a cesspool collapsed in a short time, just like the devastation of earthquakes or other natural disasters!
The above advantages of Islamic Finance like not dealing with complex financial deals rather robberies etc have saved Islamic Funds from falling like other general funds.
It has also been documented in a video, the link being
http://www.youtube.com/watch?v=XeQkY7DoY9U
Islamic Finance is more like Value based Investments, since it avoids high debt etc.
We at WealthCity in India http://www.wealthcity.in follow similar norms and found the Shariah returns are far better than conventional returns.