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DEALING IN SHARES
There is nothing wrong with
selling or buying shares if they are shares in permissible companies. If it is
an agricultural company, for example, which produces permissible agricultural
products, then it is permissible to buy and sell shares in it; the same applies
to companies which deal in real estate, manufacturing, etc.
It
is permissible to buy the shares of other people and pay them the price
immediately, so that one will not be selling a loan for a loan. Excluded from
this are companies which deal in haraam things, such as selling alcohol, tobacco
and music tapes. It is not permitted to have shares in these companies, or to
buy these shares. If the company openly deals in Ribaa (usury, Interest),
then it is not permissible to deal with it. but if a manufacturing, agricultural
or
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