As-Salamu `alaykum. I own a factory in Jordan; it manufactures cosmetics using minerals and mud from the Dead Sea region.My question is whether Islam prohibits having such business or not. The reason for this is that, as you know, Dead Sea is a place where Allah punished the people of Prophet Lut. I’m not sure if using Dead Sea minerals and mud for therapeutic purposes is prohibited in Islam or not.
Is spread betting haram in islam .Betting on shares It works exactly the same way as you deal in actuall stock market but instead of buying actual share you bet on the share buy investing less money. The profits are high so the loss.