The Ruling on Investing in Global Stock Markets
Machine translationRead the Arabic original
Question:
This questioner, Ahmad, asks: Is it permissible to invest in global stock markets? And how is zakah calculated in service companies?
Answer:
Do not deal in anything except what you know to be permissible. As for matters you do not know or are not aware of, refrain from them. Praise be to Allah, the means of lawful earnings are many,[At-Talaq 65:2]. So avoid what involves ignorance and what involves gharar (excessive uncertainty in a contract), avoid what involves riba (usury or interest), and avoid what involves gambling and maysir (gambling). Avoid these matters. Yes.
This questioner, Ahmad, asks: Is it permissible to invest in global stock markets? And how is zakah calculated in service companies?
Answer:
Do not deal in anything except what you know to be permissible. As for matters you do not know or are not aware of, refrain from them. Praise be to Allah, the means of lawful earnings are many,
And whoever fears Allah - He will make for him a way out
وَمَن يَتَّقِ اللَّهَ يَجْعَل لَّهُ مَخْرَجًا
Source
قناة «العلامة الدكتور صالح الفوزان»، 7215- حكم الاستثمار في البورصات العالمية - الشيخ صالح الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.