Pearl of Wisdom

'Be kind to your children and teach them good manners.'

Prophet Muhammad al-Mustafa [sawa]
Sunan Ibn Maja, v. 2, p. 1211, no. 3671

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Question : #439 Category: Sale / Purchase
Subject: Buying and Selling shares
Question: What is the ruling of buying and selling the shares of incorporated companies or others?
Answer: It is permissible to buy and sell shares of any kind of corporation on the condition that the transactions of this company do not engage in prohibited activities such as dealing in intoxicants or interest (riba).

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