Is it permissible to buy shares from a company manufacturing cement?
Published as Buying shares from a company that manufactures cement
Question
Is it permissible to buy shares from a company manufacturing cement?
Answer
If it is not a listed company and their workings are according to the shariah then it is permissible.
And Allah Ta'ala (الله تعالى) knows best.
- Answered by
- Mufti Ebrahim Salejee (Isipingo Beach)
Where scholars differ, it’s safer to take the more cautious view.
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Source: Mufti Online — Madrasah Ta'leemuddeen — https://muftionline.co.za/node/24704
Fatawa SA: https://fatawa.co.za/fatwa/muftionline-24704