Investments and Shares
200 questions
What is meant by the 15% ratio in Fatwa No. 66665, and is the usurious percentage calculated after tax deductions, and is it permissible to deduct what was paid from what was received if the company paid usurious interest?
What is the ruling on participating in the "Al Naim" Islamic Investment Fund of the National Bank of Abu Dhabi, taking into consideration the fund's operational method, including deposit and withdrawal fees and the availability of a Sharia supervisory board?
Is buying shares in a telecommunications company whose business operations involve some questionable aspects (such as competitions based on text messages and investing a portion of its profits in interest-bearing bonds), with a premium conditioned on purchase, a reduction in the purchase price, and a guarantee from another shareholder covering losses, permissible or forbidden? If it is forbidden, what should I do with repentance? Should I sell the shares? If I sell them, am I obligated to give the entire proceeds to the poor, or should I deduct the premium value and give the remainder to the poor?
Are the distributed profits from a Canadian company that deals with usurious banks, both in deposits and loans, considered unlawful (haram)?
What is the ruling on trading shares listed under the Dow Jones Islamic Market Index, such as Microsoft shares?
Is it permissible to contribute to the Saudi Industrial Development Company (SIDF)?
Is buying shares in American companies specializing in computers and pharmaceutical manufacturing through a broker in an interest-based bank permissible or forbidden, and what should be done if it is forbidden?
Is the financial transaction conducted by financial institutions that distribute their assets as shares and grant the participant a certain profit from the value of the share (capital) during limited time periods permissible?
Does closing an account in a usurious bank and opening another in an Islamic bank mean that it is permissible to deal with the aforementioned companies?
How does a married Muslim woman write a legal will, especially concerning the distribution of her assets (savings account, house and real estate investments shared with her husband, and personal belongings) to her heirs (husband, father, brothers and sisters, and nephews and nieces)? And must all assets be distributed in specific shares, or is it permissible to give some of them to whomever she wishes, such as her nieces, and does this conflict with Quranic rulings?
Is it permissible to trade shares of foreign companies that produce permissible goods (halal) and do not deal with Islamic banks, through an Islamic broker, while disposing of the usurious portion of the profit?
What is the ruling on trading shares of companies that take interest-based loans, such as SABIC and Marine Cables, without taking interest from them?
What is the ruling on an annual subscription to an internet service for stock trading with Samba Bank (formerly American Express) without receiving any interest or profits from them, given that Al-Rajhi Bank offers the service, but it is slow and may cause losses?
What is the difference between usurious (riba-based) investment and halal investment?
Is it permissible to purchase shares in companies whose products we use, such as Sony, Microsoft, and Toyota, given that their accounts are in interest-based banks in non-Islamic countries? And is this considered participation in sin or not?
Are the 6% fees imposed on stock trading operations, part of which is distributed to shareholders and the other part spent on employee salaries and advertising, considered usury (riba), gambling (qimar), or unlawful (haram)? Is it permissible to benefit from the profits generated from the sale of these stocks?
What is the ruling on purchasing shares in a telecommunications company (whose core business is permissible) that deposits its money in an interest-based bank or borrows from it, especially since the company encourages employees to buy shares by granting them the same amount they purchase (401k)?
What is the ruling on buying and selling international currencies? What is the ruling on trading in international stock markets through a financial intermediary using the margin system, and what are the rules governing that? Is it permissible to buy and sell shares of foreign industrial companies that engage in lending and borrowing with interest?
Is it permissible to own shares in American companies specialized in computers and pharmaceuticals, purchased through a broker in a Riba-based bank, and what should be done if that is impermissible?
Is the profit earned from renting a virtual robot that markets and advertises products for major companies, and sharing the resulting sales commission between the renter and the robot, considered halal or haram, especially given the absence of any possibility of loss and the retrieval of capital with interest?
Is it permissible for a resident to purchase shares designated only for citizens using his own money?
What is the ruling on this transaction which involves investing 200,0 pounds in agricultural crops, deposited in an interest-based bank in the name of the investor's company, with monthly payments of expected profits received, and a final settlement of actual profits at the end of the year?
What is the ruling on dealing with the previous fatwa that prohibited dealing with usurious Egyptian banks, taking into consideration the former Grand Imam of Al-Azhar's fatwa that permitted it? And where can an Egyptian expatriate place his savings given the impossibility of investing them in trade or in banks in the country where he resides? And are there Egyptian Islamic banks that can be dealt with?
Is it permissible to buy industrial shares and sell them before a year has passed since their purchase?