What is the ruling about having shares in companies and banks’?
Tag: stocks
Profits from selling shares in interest-based company
I had shares in a company that went bankrupt 25 years ago. The representatives of the company bought shares, with the remainder of the money, in Riyad Bank back then (i.e. 25 years ago).
Having shares in the Islaamic Bank
The Islaamic Bank has shares for sale and the value of each share is one hundred and ten US dollars ($110).