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Is Stock Market Haraam?
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05-24-2012, 04:19 PM
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katetomson
Join Date
Oct 2005
Posts
519
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molana sahib,
It requires huge amount of investment, so little investers can't avail it.
You can set up an intricate syndicate for investment where 20 or 30 people pool up their resources to invest.
Is opening mudharabah account in islamic banks e.g meezan bank and bank islami in pakistan is lawful? It will depend on the actual contract. Although Meezan Bank etc are Islamic bank, I would still want to look at their contract and get it checked by reliable Mufti of field who you follow.
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