Is financial leverage or borrowed capital permissible?

Some companies offer financial leverage or borrowed capital to their clients so that they can buy more shares in the stock market, even if it is more than what is currently owned in their investment account. The loaned amount is then paid back to the company after the client sells the shares and completes the transaction. If the customer loses money then the company withdraws the amount loaned to the client anyway, even if it has to offset the loss by taking from their investment account. Thus, the company is not responsible for the client’s profit or loss and it protects the loan from any risk. Is this transaction permissible?

From the description, there is nothing wrong in such a transaction if a manager or representative of the company lends you the mentioned amount and then allows you to buy and sell it in return for a specified commission if the company has the authority and power to do so.

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