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Purchasing stock in the stock market

Answered as per Hanafi Fiqh by Muftionline.co.za

Q: Can we purchase stocks of some industry/organisation in the stock market, if they are not dealing in interest?

Bismillaah

A: Refer to http://muftionline.co.za/node/14274

And Allah Ta’ala (الله تعالى) knows best.

Answered by:

Mufti Zakaria Makada

Checked & Approved:

Mufti Ebrahim Salejee (Isipingo Beach)

This answer was collected from MuftiOnline.co.za, where the questions have been answered by Mufti Zakaria Makada (Hafizahullah), who is currently a senior lecturer in the science of Hadith and Fiqh at Madrasah Ta’leemuddeen, Isipingo Beach, South Africa.

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