Source: http://qa.muftisays.com/?1952
Question ID: #1952
 
Question: premuim bonds and shares
i want to know buying premium bonds or shares is allowed?
 
 
Answered by: Ulamaa ID 03 (UK)
Date: 24/10/2006 21:37pm

Assalamu'alaikum w.w.

Premium Bonds - Not permissible

Shares - Permissible to invest in companies who deal
primarily in Halaal products. This rules out companies
such as breweries, banks, insurance companies etc.

If in doubt about a specific company please refer to
your local Ulama/Mufti.

Wassalam


(Mufti) Abdullah Patel
Halal Food Guide
 
www.MuftiSays.com