Ask Qul - Sale / Purchase - Buying and Selling shares

Pearl of Wisdom

'Certainly my brother, the executor of my will, my minister and my successor from among my family is ?Ali b. Abi Talib. He will repay my dues and will fulfil my promises, O Bani Hashim.?

Prophet Muhammad al-Mustafa [sawa]

Amali al-Tusi, p. 602, no. 1244

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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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