The Ruling on Buying and Selling in Mixed Stocks

Question:
The questioner asks: What is the ruling on buying and selling in mixed stocks?

Answer:
I do not know of mixed stocks and non-mixed stocks. In my view, they are all mixed. The Muslim should avoid them and buy and sell in clear commodities that have no ambiguity, such as real estate, houses, land, food, fabrics, and livestock. He seeks his livelihood in these matters, buying and selling in them.
As for stocks, as you know, the disasters that occurred in them brought about severe losses. Wealth was lost, and indeed, the lives of some people were lost; they died from grief, and some lost their minds. So avoid stocks of all kinds, except for clear stocks, such as a share in real estate, a share in buildings, or a share in industrial companies; there is no harm in that. A share in productive farms is also fine. But a share in things you do not know or understand—this is where, as you know, the disasters occurred. Yes.