Ask Qul - Sale / Purchase - Buying and Selling shares

Pearl of Wisdom

'When a caller calls from the sky, 'Certainly the truth is with the progeny of Muhammad', that is when al-Mahdi will reappear [being circulated] on people's tongues and they will be quenched by his love, and they will not talk about anything but him.'

Imam Ali ibn Abi Talib [as]

al-Tashrif bi al-Minan, p. 129, no. 136. Kanz al-'Ummal, no. 39665

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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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