Scholars differ Money & business
Most contemporary scholars permit buying shares in companies whose main business is lawful, with conditions. Shares in companies whose main business is haram (alcohol, interest-based banks) are forbidden. Scholars differ about companies that are mostly lawful but have a small amount of interest income, and about margin buying and short selling, which most forbid. Check the company and ask a scholar.
يَٰٓأَيُّهَا ٱلَّذِينَ ءَامَنُوا۟ لَا تَأْكُلُوٓا۟ أَمْوَٰلَكُم بَيْنَكُم بِٱلْبَٰطِلِ إِلَّآ أَن تَكُونَ تِجَٰرَةً عَن تَرَاضٍۢ مِّنكُمْ ۚ وَلَا تَقْتُلُوٓا۟ أَنفُسَكُمْ ۚ إِنَّ ٱللَّهَ كَانَ بِكُمْ رَحِيمًۭا ﴿٢٩﴾
¡Creyentes! No os devoréis la hacienda injustamente unos a otros. Es diferente si comerciáis de común acuerdo. No os matéis unos a otros. Alá es misericordioso con vosotros.
This is general information, not a fatwa. For your own situation, ask a qualified scholar.
Most contemporary scholars permit buying shares in companies whose main business is lawful, with conditions. Shares in companies whose main business is haram (alcohol, interest-based banks) are forbidden. Scholars differ about companies that are mostly lawful but have a small amount of interest income, and about margin buying and short selling, which most forbid. Check the company and ask a scholar.
