Definition of halal stocks
Posted: Tue May 21, 2024 10:32 pm
Halal stocks are legitimate securities issued by companies whose business activities and investments are compatible with Islamic Sharia principles.الاسهم النقية
This means that these companies are not involved in businesses or industries prohibited under Sharia law, such as alcohol, tobacco, pork, gambling, usurious banking, and the illegal weapons industries.
This means that these companies are not involved in businesses or industries prohibited under Sharia law, such as alcohol, tobacco, pork, gambling, usurious banking, and the illegal weapons industries.