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FAQs

Subject - Investment - Permissible Investment

Shariah-Compliant Equity

Date: 3 SEP 2022
Answered By: Management

Question

Are Shariah Compliant stocks easily available on the exchanges

Answer

Due to exigencies of modern business and particularly the pervasiveness of interest transactions, fully Shariah-Compliant equities are extremely rare. So, Shariah Scholars have arrived at minimum compliance criteria which, while excluding companies in gross violation, yet provide investors a reasonably wide choice of Shariah-compliant equities on the stock exchanges.



Allah knows best...