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Investment in secondary share

Answered according to Hanafi Fiqh by Muftisays.com
Is Investment in secondary share market allowed.


Answer

Bismillah

Al-jawab billahi at-taufeeq (the answer with Allah’s guidance)

Investing in shares on the secondary market is permissible.

Please see: http://www.muftisays.com/qa/question/4188/forexsharecommodities-trading-on-internet.html

And Only Allah Ta’ala Knows Best.

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Moulana Qamruz Zaman
London, UK

This answer was collected from MuftiSays.com, based in London (UK). It is one of the fruits of Darul Uloom London. Many ‘ulama are involved in answering the Q&A on the site, including: Shaikul Hadeeth Mufti Umar Farooq Sahib, Mufti Saifur Rahman Sahib, Mufti Abdullah Patel Sahib, Maulana Qamruz Zaman Sahib, Mufti Abu Bakr Karolia Sahib.

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