Answered by Mufti Shafiq Jakhura and Mufti M.D. Mangera
Question:
I want to work professionally in share brokerage house. In Bangladeshi share market, there are both halal & haram products. The latter include interest/ riba based banks, financial institutions and insurance companies.
Reply:
A very common and lucrative form of business and investment in modern times is share trading. Joint-stock companies and share trading have become one of the most important financial instruments of modern-business. Many Muslims around the World have delved into this form of business and their numbers are increasing on a daily basis. Hence, it is incumbent upon Muslims dealing in share trading to understand the Shariah rulings with regard to share trading. The present article aims at highlighting the conditions and regulations governing share trading, from a Shariah perspective. It is the writers request to all Muslims to strive in adhering to the rules of Shariah in all aspects of their life, and in particular to strive towards ensuring that their income is from halal sources by carefully scrutinising the Shariah compliance of their income streams.
Brushing Up on the Sunnah of Brushing