Stocks and other assets

Are stocks halal?

Answered by the ShariaQuant team

Owning a share means owning a piece of a real business, which is permissible in principle. It fails when the business itself is prohibited, such as a bank or a brewery, or when the company carries too much interest bearing debt. That second test is what stock screening exists to measure.

Screened stocks

This is Shariah screening and education, not financial advice. Rulings on newer products differ between scholars, so where a question is disputed we say so rather than pick a side for you. If your situation is unusual, ask your own scholar.

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