Investing in companies
Question
Is investing money in different companies like Coca Cola, Nestle, etc. for profit and loss permissible?
Answer
There are contradictory views among the ulama with regards to trading on the stock exchange and in listed companies. Precaution requires that you avoid this.
And Allah Ta'ala (الله تعالى) knows best.
- Answered by
- Mufti Ebrahim Salejee (Isipingo Beach)
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