Ask Qul - Sale / Purchase - Buying and Selling shares

Pearl of Wisdom

'Those who refuse to pay the alms-tax ask to be returned to the world at the time of death, as per Allah's verse in the Qur'an: When death comes to one of them, he says, lWy Lord! Take me back, that I may act righteously in what I have left behind.?

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

Bihar al-Anwar, v. 96, p. 21, no. 50

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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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