Pearl of Wisdom

'It is not permissible for anyone to use the property of another without his permi.ssion.?

Imam Muhammad ibn Hasan al-Mahdi [as]
Ibid, v.17, p. 309, no. 4

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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.

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