Is it allowed to invest in stocks of companies that are financed by interest-bearing loans even though the company produces Halal products?
Is it allowed to invest in stocks of companies that are financed by interest-bearing loans even though the company produces Halal products?
Sayyed Mohammad Al-Musawi, Sayyed Mohammad al-Musawi is originally from Iraq and heads up the World Ahlul Bayt Islamic League in London. Other than being involved in various humanitarian projects, he frequently responds to... Answered 4 months ago
If the company is dealing with Halal products only and the finances were taken from non Muslim banks or financial institutions, then it is allowed to invest in its stocks.
Wassalam.