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+--- Thread: What are halal American stocks? (/showthread.php?tid=9604)
What are halal American stocks? - doaausef3li - 07-13-2024
What are halal American stocks?
The ruling on trading in American halal stocks or other halal stocks does not differ depending on the country of origin of the company, whether it is Arab, American, European, or otherwise. As long as the previously mentioned controls apply to any company, investing in its shares is halal, regardless of the company’s nationality.الاسهم الأمريكية الحلال
With the spread of the idea of investing in American stocks during the past few years among Arab investors, the search for halal American stocks has become their primary concern. Buying shares in a company means buying an ownership right in it, so that the buyer becomes a partial owner in it and is entitled to a percentage of the company’s profits according to his share of the stock. Whether this is through obtaining his share of cash profits or through the rise in the value of the stock on global stock exchanges.
From this perspective, earning money in this way does not have any suspicion that it is forbidden, but on the condition of researching and scrutinizing the financial system of the company whose shares you want to invest in, and seeing the extent to which it complies with the conditions and controls of Sharia.