03-23-2006, 05:31 PM
to give a better view of the picture, here r two more cases
Case A u buy some part of a business thinking that it is going to increase in worth. u take all risks and rewards and most importantly ur winning doesnt mean that somebody is necessarily losing (i.e it isnt a Zero-sum game)
Case B by buying some shares u become a stakeholder in a company. the company's worth increase and the share price goes up. u win and other ppl dont lose so that u may win.
are case A and B halal? Either of them or both of them ?
Honestly, i dont have sufficient knowledge of the Islamic Law to comment.
Ice Blue
Case A u buy some part of a business thinking that it is going to increase in worth. u take all risks and rewards and most importantly ur winning doesnt mean that somebody is necessarily losing (i.e it isnt a Zero-sum game)
Case B by buying some shares u become a stakeholder in a company. the company's worth increase and the share price goes up. u win and other ppl dont lose so that u may win.
are case A and B halal? Either of them or both of them ?
Honestly, i dont have sufficient knowledge of the Islamic Law to comment.
Ice Blue