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Is it permissable to acquire telkom shares?Even if they deal in a permissable product their monies are kept in call accounts which earn a high rate of interest which will be distributed as profit.

Answered as per Hanafi Fiqh by Askimam.org
Answer

It is permissible to acquire Telkom shares. However, since part of the dividends is made up of interest, a proportionate percentage of the profit or dividend will be Haraam. This portion will have to be disposed off as interest.

and Allah Ta’ala Knows Best

Mufti Ebrahim Desai

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This answer was collected from Askimam.org, which is operated under the supervision of Mufti Ebrahim Desai from South Africa.

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