Is it permissible to become shareholders of companies by investing money through the national stock exchange ?
Seeking your valuable suggestion and fatwa please.   
May Allah bless you with complete & lasting peace as well as profound success of here & hereafter.
Rumman Hussain Chowdhury
asked Aug 12, 2020 in Business & employment by hussainrumman

1 Answer

Ref. No. 1078/41-267

In the name of Allah the most Gracious the most Merciful

The answer to your question is as follows:

It is permissible to hold shares of the companies that do Halal business. So before investment you have to make inquiries about their products and production methods.

And Allah knows best

Darul Ifta

Darul Uloom Waqf Deoband

answered Aug 19, 2020 by Darul Ifta