Ask Qul - Sale / Purchase - Buying and Selling shares

Pearl of Wisdom

in his description of the most wonderful thing in man, which is the heart, said, 'If it comes across riches, freedom from need makes it rebellious. If calamity befalls it, it is humbled by anguish.'

Imam Ali ibn Abi Talib [as]

Nahj al-Balagha, Saying 108

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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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