[The original posting can be found at: http://alnaqiy.com/home/article/investment-shariah-compliant/]
I think it is unfair if the stock of a company is classified as non-Shari’ah compliant just because the company takes loan from conventional bank. For me, as long as the activities of the company is halal, it’s should be Shari’ah compliant too. And why the salary of people who works at bank are classified as halal while he works at bank? For me, both cases are same.
Muslims are strongly encouraged to only invest in Shari’ah-compliant securities which adhere to the fundamentals of Islamic law. If money is invested and spent in the right way, it can bring benefits not only to individual but also to the society as a whole.Read More »Investment in Shari’ah-Compliant Securities