Important News

We have released Shinobi Life Online Pre-Alpha Version 1.1.0.0! This update features Earth Release: Earth Dome Jutsu, Aiming Mode and more! Try it out and tell us what you think.

User

Welcome, Guest.
Please login or register.
 
 
 
Forgot your password?

Discord

Statistics

Members
Total Members: 75120
Latest: Ronaldsnuct
New This Month: 532
New This Week: 96
New Today: 28
Stats
Total Posts: 207710
Total Topics: 125387
Most Online Today: 2267
Most Online Ever: 4232
(January 14, 2020, 07:47:33)
Users Online
Members: 25
Guests: 2230
Total: 2268

Author Topic: What are the specifications of American halal stocks?  (Read 101 times)

0 Members and 1 Guest are viewing this topic.

Offline doaausef3li

  • Academy Student Poster
  • *
  • Posts: 13
  • Reputation Power: 2
  • doaausef3li has no influence.
  • Gender: Female
  • I'm new around here.
    • View Profile
What are the specifications of American halal stocks?
« on: August 10, 2024, 21:23:03 »


Halal stocks are no different from other stocks listed on the stock market that achieve growth and provide shareholders with good returns on investment, but they differ in their commitment to some controls that comply with the provisions of Islamic law so that all funds earned from them are halal according to Islamic law. Among these controls that distinguish halal stocks are the following:
طريقة تطهير الاسهم
The company to which the shares belong must be based in its activity on legitimate activities that do not violate Islamic law. The company's field of work must not be in explicit prohibitions such as trading in alcohol or gambling, and it must not work in buying and selling debts, and so on.

The company's financial transactions must not include lending and usury, as usury is explicitly prohibited in Islamic law. If the company is forced to deal with usurious loans, the value of the income resulting from them must not exceed 5% of the company's total income. If it exceeds that percentage, the company's shares become mixed and require purification.

It is not permissible to invest in the shares of any company whose debts exceed a third of its financial assets. If it exceeds that percentage, investing in it becomes forbidden even if the company's activity is permissible.