Wednesday, 6 December 2006

How To Terminate Haraam Investments

As a basic rule, it is not permissible to purchase shares in companies which deal in Haraam activities contra to the permissibles in Shari'ah.

If such shares had been purchased, they must be disposed of. The person can retain the original purchase price of the Shares via selling it off.

The balance must be distributed to the poor and needy without the intentionof gaining reward.

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