Investments and Shares
200 questions
Is it permissible to remain in the stock market, where there are Sharia violations, until the share price of Makkah Company rises, especially since the Authority is trying to regulate the market?
Is zakat obligatory on the amount of 35,000 Saudi Riyals remaining from the sale of land that was purchased with a bank loan and then invested in stocks and lost, and how much is this zakat?
Is it permissible to subscribe to bank shares solely for profit, in the absence of a pressing need or necessity?
Is it permissible to trust the standard of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) for determining halal stocks?
Is the declining participation described in the question, which involves valuing the pharmacy with its existing merchandise, then the partner paying an equal amount to make the capital equally shared, and dividing it into shares, then I buy a portion of his shares annually until I own them completely, permissible? And do the debts owed by me to companies, which represent a large part of the value of the merchandise in the pharmacy, count as my contribution to the partnership capital?
Is it permissible for me to own shares in a foreign software company, some of whose divisions work with the military, and whose financing involves usurious borrowing, knowing that I will acquire the shares as a gift for a small amount, and their value will increase if the company is sold or floated on the stock market?
What is the ruling on dealing with shares of SABIC, Southern Cement, and Saudi Public Transport Company (SAPTCO), and distributing their profits to the heirs, while my mother is still alive?
Is it permissible to save for a second child without doing so for the first, relying on the first child's inheritance to cover their education expenses, in order to ensure that both of them attend good schools as much as possible?