03-11-2024, 08:57 PM
What are the specifications of American halal stocks?
Halal stocks do not differ from other stocks listed in the financial market that achieve growth and give shareholders good returns from investment, but they differ in their adherence to some controls that are compatible with the provisions of Islamic Sharia so that all the money gained from them is legally halal. Among these special controls for halal stocks are: Following:
الأسهم الحلال في السوق الأمريكي
The company to which the shares belong must be based in its activity on legitimate businesses and not in violation of Islamic law. The company’s scope of work should not be in explicit prohibitions such as trading in alcohol or gambling, and it should not engage in buying and selling debts, and the like.
Halal stocks do not differ from other stocks listed in the financial market that achieve growth and give shareholders good returns from investment, but they differ in their adherence to some controls that are compatible with the provisions of Islamic Sharia so that all the money gained from them is legally halal. Among these special controls for halal stocks are: Following:
الأسهم الحلال في السوق الأمريكي
The company to which the shares belong must be based in its activity on legitimate businesses and not in violation of Islamic law. The company’s scope of work should not be in explicit prohibitions such as trading in alcohol or gambling, and it should not engage in buying and selling debts, and the like.