9 Shawwal 1441

Is it permissible to invest and buy shares in stock markets like companies who don’t involve in ribas, alcohol and other non permissible things. And there is a company who gives you an account with money after taking their class for investing and 70% of profit you keep and 30% they take with no interest so is that halal.

By Admin
In Halal/Haram Matters
Apr 29th, 2020
0 Comments
293 Views

ANSWER:

1- In order for any investment into the shares of a company, two conditions must be fulfilled:

1- The line of work is halal
2- The company doesn’t deal in Riba by financing its activities through riba or through deposits.

 

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