Investment

To invest is to allocate money in the expectation of some benefit in the future. In finance, the benefit from an investment is called a return. The return may consist of a gain (or loss) realised from the sale of property or an investment, unrealised capital appreciation (or depreciation), or investment income such as dividends, interest, rental income etc., or a combination of capital gain and income.

141697

Interest . Investment

Is it permissible to invest in companies that deal with interest?

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 2 settimane fa

Investing in companies dealing with interest (Usury) as a source of their income e,g, banks and lending companies etc is not allowed in Islam. Money earned from such companies is unlawful as well.

Wassalam.

141712

Stock . Khums . Investment

I have recently started investing into the stock market on a monthly basis and I would like to request some advice on how I approach Khums?

1. Investing in the stock market is allowed as far as you avoid the shares or bonds of unlawful business like usury, alcohol, sinful films, gambling etc.

2. Khums is obligatory on your wealth on the your date of Khums. You must calculate the real market value of your stocks on your date of Khums.

Wassalam.

138311

Stock . Investment

Can we trade in options on any stock market index given that it is not a stock in itself but represents the direction of a market as a whole?

Direction of the market includes lawful and unlawful companies dealing with usury or alcohol etc. We are not allowed to deal with any unlawful company. Dealing must be with shares of company doing a real trade, not a gamble, and away from unlawful business.

'Wassalam.

132416

Stock . Alcohol . Income . Investment

I have been looking to invest in an electronic vehicle stock but hesitant to do so as they sell alcohol as a gimmick. Is it allowed to invest in that stock as selling alcohol is not the company’s primary business nor their primary source of income?

Even if selling alcohol is not the main business of the company, but only a small part of the income, it will be unlawful (Haraam) to buy or sell the stocks of such company.

Wassalam.

120861

Stock . Investment

Is it allowed to trade online with stock market indices?

Dealing in stock market companies and indices is allowed as far as we avoid any company which deals with unlawful business.

Dealing online is same as dealing directly or through brokers.

Wassalam.

119586

Investment

Is it permissible to invest in a company that sells its software and technology to various companies from different sectors where some of them may have haram businesses?

If all the products of the company are usually suitable for lawful business but some persons can misuse it, then it is permissible to invest in it. But if any product is designed for unlawful business like manufacturing alcohol bottles or a software for gambling or usury or marketing alcohol, etc, then it becomes unlawful to invest in such company.

Wassalam.

116033

Father . Family . Investment

If I save from the pocket money that my father gives me and invest it, do my family members have any right on that invested money or its return?

If your father gives you the pocket money as a gift for you with out any condition, you can then spend it as you wish in lawful expenditure or save it or invest it. No one will have then right on that money or ask you to return it. If your father gives you pocket money for spending and not for saving or investing, then he has right to ask you to use it for your expenses only and return the amounts which were not used in your expenses.

Most of parents give their children pocket money with out condition.

Wassalam.

107983

Poor . Salah (Prayers) . Investment . Employment

I am not able to perform any Salat because I am poor and I invest my all time in my job. What should I do as I cannot manage both these responsibilities at the same time?

Mohammad Zakaria, Mohammad Zakaria is a senior lecturer at the Islamic College where he specialises in Research methodology and Islam's Education Philosophy and Teacher Training. His doctoral work focused on... Answered 1 anno fa

Salaam

Being poor is not an excuse not to pray, in fact praying increases wealth, material and spiritual.

First, begin by performing your prayers, once that has been done. Other things, like seeing the ahlulbayt in dreams might be possible.

114176

Investment . Bank

Is permissible to invest in a company that offers financial solutions to non-Muslim banks by giving them a platform to build and manage their financial services?

Muslim is not allowed to support marketing unlawful business like alcohol, usury, etc.

Your investment should never promote any business which is against the orders of Allah (SWT).

Wassalam.

100150

Investment . Property

Is it permissible to own an investment property under Islamic law and derive rental income from it?

Yes it is permissible as far as the ownership is properly obtained. The rental income from such properly owned or even properly mortgaged will be then permissible as well.

Wassalam.

113053

Investment . Short Selling

Is it allowed to short sell commodities?

Short selling is permissible as far as it does not harm the livelihood of people to a considerable size.

Wassalam.

111212

Interest . Investment

If a company's core business is Halal but they have interest income reported in their financial statements, is it permissible to buy their shares in the absence of clarity whether that interest income is from bank or lease agreement or from other sources?

Yes you can buy shares of such company as far as their business activities are lawful according to Islam and you don't know that they take interest from Muslims in usury.

Wassalam.