Ask Qul - Sale / Purchase - Buying and Selling shares

Pearl of Wisdom

when he saw two people insulting each other, said, 'The initiator is the more unjust and bears his own sin as well as the sin of his opponent as long as the latter does not retort.'

Imam Musa ibn Jafar al-Kadhim [as]

Tuhaf al-'Uqul, p. 412

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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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