What is Stock Market?
An old joke
Stock market or Mudarabah
It is mentioned once that a newcomer came to a village and announced that he would buy a monkey from the villagers for 10 rupees. There were a lot of monkeys around the town, so the villagers were pleased, they started catching monkeys by setting nets, tying them with banana ropes and many other ways.
This man bought 1000 monkeys for 10 rupees, now the number of monkeys had reduced a lot, there were a few monkeys left which became difficult to catch. Thus, the case of indiscriminate firing was over and the turn of the targeted operation had come
He announced that he would now buy the monkey for 20 rupees, this created a new frenzy among the villagers and once again they started catching monkeys with all their might.
A few days later, the monkeys were seen everywhere and about 1300 monkeys had gathered in a large cage of this newly arrived businessman.
When the businessman saw that the purchase of monkeys was cheap, he first fixed the price per monkey at 25 rupees and then the next day the price was increased to 50 rupees. He bought only 9 monkeys at this price.
Now, even a monkey who came under the eye of a human would be put in jail
After that, he went to a distant city for work and his assistant started to take over his work
In his absence, his assistant accumulated the villagers and said:
(O my dear friends) There are about 1450 animals in this big cage which the teacher has collected. I do this by selling all these to all of you at the rate of 35 rupees per monkey, when the master comes, you sell him these monkeys for 50 rupees.
The villagers were very happy and spent all their savings on buying a monkey
After that, he did not see the businessman or his assistant anywhere, only monkeys everywhere
It is called the stock market or Mudaraba.
Very informative blog
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