Ask Qul - Business / Investment - Stocks

Pearl of Wisdom

Silence is better than dictating the vice (to the angels Speaking responsible for recording our deeds) and dictating good deeds is better than silence.'

Prophet Muhammad al-Mustafa [sawa]

Bihar al-Anwar, v. 71, p. 294, no. 64

Latest Answers

Sexual Ethics & Morals

# 824 - looking for someone in edda mu

Salaat / Prayers

# 709 - Passing wind from the rear

Business / Investment

# 808 - Masjid or Imam Bargah

Sexual Ethics & Morals

# 807 - penetration during period

# 806 - Female masturbation

Divorce / Talaq

# 798 - Divorce

Miscellaneous

# 797 - Kiss

# 792 - hidden buried treasure

Interfaith Dialogue

# 781 - Jesus death

Fasting / Sawm / Roza

# 776 - Husbands permissn

Receive Qul Updates

Ask Qul - QA

Question : #630

Category: Business / Investment

Subject:	Stocks
Question:	Would it be haraam if I invested in stocks ? This investing wouldn't be considered gambling of any sorts?
Answer:	Investing in Stock Market in which returns are not guaranteed would be permissible. Such investments, however, could become Haraam because of secondary reasons: like if one invests in a Company that deals in Haraam commodity, such as a Brewery or Casino. The best option for a Muslim investing in Stock Market would be the "ethical funds" since such funds do not deal in alcohol, tobacco, gambling or environmentally harmful products.

If you require further clarification on this answer, please use the feature to respond to the stated answer.