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Old 03-24-2008, 05:23 PM
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Default Stock Market

Is it permissable for Muslims to invest in the stock market? Thanks in advance.
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Old 03-24-2008, 05:33 PM
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Default Re: Stock Market

Most people seem to think it's permissible but I personally avoid it. Reason being that about 99% of the companies deal with interest.
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Old 03-25-2008, 11:54 AM
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Default Re: Stock Market

yes, just avoid companies that engage in haram activities (pornography or lewd subject matter, for instance) or derive their primary income from interest (credit card companies, for instance)
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Old 04-11-2008, 08:13 PM
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Default Re: Stock Market

Quote:
Originally Posted by sixpakistan View Post
yes, just avoid companies that engage in haram activities (pornography or lewd subject matter, for instance) or derive their primary income from interest (credit card companies, for instance)
To be safe, buy Amana funds.
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