A:
The basic rule in transactions is that they are permissible. Nothing is considered to be unlawful except what has been determined unlawful by Shari`ah (Islamic law) of the transactions that contain Gharar (uncertain sale), deception, Riba (usury/interest) or taking people's money illegally. (Part No. 14; Page No. 353) Therefore,
the permissibility of holding shares in any of the commercial companies depends upon knowing its transactions and manner of dealing. If these companies deal in unlawful transactions, you will not be permitted to hold shares in them. May Allah grant us success. May peace and blessings be upon our Prophet Muhammad, his family, and Companions.
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