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Pearl of Wisdom

'He who wishes for honour without noble lineage, wealth without riches and dignity without rulership should remove himself from the disgrace of Allah's disobedience to the honour of His obedience.'

Imam Ja'far ibn Muhammad al-Sadiq [as]

al-Khisal, p. 169, no. 222

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Question : #630

Category: Business / Investment

Subject:	Stocks
Question:	Would it be haraam if I invested in stocks ? This investing wouldn't be considered gambling of any sorts?
Answer:	Investing in Stock Market in which returns are not guaranteed would be permissible. Such investments, however, could become Haraam because of secondary reasons: like if one invests in a Company that deals in Haraam commodity, such as a Brewery or Casino. The best option for a Muslim investing in Stock Market would be the "ethical funds" since such funds do not deal in alcohol, tobacco, gambling or environmentally harmful products.

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