The Criterion for Working in Company Shares
Machine translationRead the Arabic original
Question:
A questioner says: Honorable Shaykh, what is the criterion for working in the shares of companies that have become so numerous in our time?
Answer:
As for established companies that deal in fixed assets, such as factories, buildings, construction, or agriculture, there is nothing wrong with their shares, provided their production is permissible. It is permissible to participate in them. However, as for shares that are not in established companies, these are unknown in my view. It is not known what they deal in. Therefore, abstaining from them and staying away from them is safer for one’s conscience until one is certain that they are regulated and that they deal in permissible matters. Yes.
The presenter:
May Allah reward you.
A questioner says: Honorable Shaykh, what is the criterion for working in the shares of companies that have become so numerous in our time?
Answer:
As for established companies that deal in fixed assets, such as factories, buildings, construction, or agriculture, there is nothing wrong with their shares, provided their production is permissible. It is permissible to participate in them. However, as for shares that are not in established companies, these are unknown in my view. It is not known what they deal in. Therefore, abstaining from them and staying away from them is safer for one’s conscience until one is certain that they are regulated and that they deal in permissible matters. Yes.
The presenter:
May Allah reward you.
Source
قناة «إذاعة القرآن الكريم»، نور على الدرب مع فضيلة الشيخ صالح الفوزان ح7279 — youtube.com (4:17)
The Arabic text is a machine transcription of the audio recording.