Question

---

Answer

If there is no interest/Ribaa involved then it will be permissible to invest money into shares, otherwise not. [Editor's Notes]: company which does business, which is compliant with the Shariah, where profit and loss are equally shared among the stakeholders or partners, then it is permissible to participate in that business, otherwise not. For details, please review the following chapter of "Islamic Finance" by Shaykh Mufti Taqi Usmaani: Principles of Shariah Governing Islamic Investment Funds: (http://www.darululoomkhi.edu.pk/fiqh/islamicfinance/islamicinvestment.html)

Note: The rulings giving herein are based on the religious rulings of the Islamic Law and do not have any implications on the Law of the Country. The rulings given hereunder are specifically based on the question posed and should be read in conjunction with the question. AskAlimah.com site bears no responsibility to any party who may or may not act on this answer. AskAlimah.com site being hereby exempted from loss or damage howsoever caused. This answers may not be used as evidence in any Court of Law without prior written consent of the web site.