Transactions & Dealings >> Shares & Investments
Question ID: 44536Country: Bangladesh
Answer ID: 44536Posted on: Sep 1, 2020
Bismillah hir-Rahman nir-Rahim !
(Fatwa: 497/392/B=1434) You can withdraw and use as much amount as you have invested in it. You can withdraw whatever extra amount you can get also but you should give it to poor, needy ones or debtors etc without the intention of reward. It is not lawful for you to take the extra amount for your personal use.
Allah (Subhana Wa Ta'ala) knows Best
Darul Ifta,
Darul Uloom Deoband, India
regarding share trading i learnt that trading shares of those companies which do not indulge in unlawful business like wine company etc is permissible. But even if we invest in companies which do not have these haram products or services, like real estate, IT, power companies, they are involved in interest based financing for their projects and ventures. Investing in them will mean partnership in a company that's financed by haram means. Please, guide whether such investments are halal.
3860 views