Is shares allowed in Islam or not?

@mansoak (510)
India
April 24, 2010 9:30am CST
Hi, this question is for all muslims. Is shares are allowed in islam or not? Some people say shares are allowed and some people say they are not. Do any body has the right answer?
3 responses
@divitiae (193)
18 May 10
Ishares has ETFs which are specificaly desighned for muslims. Quoted companies have limited liability so you are not doing as the company does just because you own the shares.
@divitiae (193)
18 May 10
Ishares does ETFs which are meant to be ok for muslims. Quoted companies have limited liability so you are not doing what the company does just because you own the shares.
@rachmads (80)
• Indonesia
24 Apr 10
Sell the shares traded in capital markets, the ruling was unlawful, although it is a lawful business enterprise. Therefore, by itself the existence of capital market itself is also unlawful ruling. That was caused by several reasons, mainly because this form of business entity in the form of PT is not valid in view of sharia, because contrary to the laws shirkah in Islam. And Allaah knows best