SalafiTalk.Net
SalafiTalk.Net » Affairs of Fiqh
» Shares in companies other than banks
Search ===>




Part 1Part 2Part 3Part 4Part 5Part 6Part 7Part 8Part 9 • Part 10 • Part 11 • Part 12


   Reply to this Discussion Start new discussion << previous || next >> 
Posted By Topic: Shares in companies other than banks

remove book mark from this topic Printer-friendly Version  send this discussion to a friend  new posts last

Adnaan.ibn.Salman
25-06-2008 @ 12:01 AM    Notify Admin about this post
Abu 'Abdirrahmaan Adnaan ibn Salman (Birmingham, UK.)
Member
Posts: 76
Joined: Apr 2005
          
Bismillaahirrahmaanirraheem,

quote:


Q:

What is the ruling on having shares in Al-Qaseem Agricultural Company, and does it deal with Ribaa?

A:

Every company for which it is established that it deals with Ribaa whether taking or giving, then it is forbidden to have shares in it, due to what this entails from co-operating upon sinning and transgression. Allaah the Most High said:

ıııııııııııııı ııııı ııııııı ıııııııııııı ııııı ıııııııııııı ııııı ıııııııı ıııııııııııııı ııııııııııı ıııııı ııııı ıııııı ııııııı ıııııııııı

ıHelp you one another in AlıBirr and AtıTaqwa (virtue, righteousness and piety); but do not help one another in sin and transgression. And fear Allıh. Verily, Allıh is Severe in punishment.ı [5:2]

As for whether the company mentioned deals with Ribaa, then we do not know anything regarding it currently.


Fataawaa Lajnat-ut-Daaıimah Vol 14 P312



wallaahua'lamwasallallaahu'alaamuhammadwasallam







SalafiPublications.Com
TawhidFirst | Aqidah | AboveTheThrone | Asharis
Madkhalis | Takfiris | Maturidis | Dajjaal
Islam Against Extremism | Manhaj
Ibn Taymiyyah | Bidah
Help Teaching Arabic to Kids


main page | contact us
Copyright © 2001 - SalafiTalk.Net
Madinah Dates Gold Silver Investments