The local Bourse or better known as the KLSE stockexchange is a volatile place to be in the sense that people seldom lost their money and livelihood when their stocks crushed. The economic downturn of 1997 teach us a lot of lessons in managing financial crisis because of currencies manupulators like George Soros many Malaysian incured financial ruined. A minority of Malaysian commited suicides as their livelihood were destroyed.

Can this show that the KLSE stockexchange is the biggest gambling den in Malaysia. Everyday millions of Ringgits were lost to the shares exchanged between hands, this means that the KLSE is no more a huge gambling den approved by the government. With your information there's no stockexchange in most of the Arab world particularly Saudi Arabia. It's believed that the stockexchange is deem unfit for Islam as it promotes unwanted interest rates and also a part of gambling especially when people tend to loose substancial amount of money through volatile market as most of the days the bourse isn't bullish and bearish.

As Malaysia become a notable Islam country through Hadhari, Malaysian should abide the Islamic laws and gambling is a huge sin in Islam. The Malaysian government must taken steps to ensure that the KLSE will not go against Islam. It's suggested that the abolishment of the KLSE bourse seems a excellent idea we should not follow the western trends and be involved in shares playing as it's usually involved risk taking that mostly a wastage and unprofitable in the short term as well as the long run.