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Buying shares from a company that manufactures cement

Answered as per Hanafi Fiqh by Muftionline.co.za

Q: Is it permissible to buy shares from a company manufacturing cement?

Bismillaah

A: If it is not a listed company and their workings are according to the shariah then it is permissible.

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

Answered by:

Mufti Ebrahim Salejee (Isipingo Beach)


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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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