Buying Shares on Stock Exchange

Q: I have started buying shares. I bought some shares in an oil company. Is this buying is halaal or haraam? A: It is not permissible to accept a share allocation in companies that are listed on the stock exchange.  Reasons:Investing or buying shares in the Stock Exchange falls under the Islamic transaction of Shirkat […]

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Dealing on the Stock Exchange

Q: I would like to know whether it is permissible to invest in the stock exchange. Obviously, I will endeavour to ensure that the companies in which I invest in does not involve itself in the selling of haraam products. If it is permissible, please also advise me on what other precaution/s needs to be […]

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Dealing on the Stock Exchange

Q: I would like to know whether it is permissible to invest in the stock exchange. Obviously, I will endeavour to ensure that the companies in which I invest in does not involve itself in the selling of haraam products. If it is permissible, please also advise me on what other precaution/s needs to be […]

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