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Question Summary:
iam from india and i want to invest in share market and earn some profit will it be legal in islam to do such a type of bussiness pls answer

Question Detail:

iam from india and i want to invest in share market and earn some profit will it be legal in islam to do such a type of bussiness pls answer

Answer :

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In the name of Allāh, Most Gracious, Most Merciful

Assalāmu ῾alaykum wa Rahmatullāhi Wabarakātuh
 
Ulāma’ have differences of opinion  on the matter of shares. However, Dārul Iftā’s view is that shares are not permissible. Kindly refer to the following link for a detailed article on the impermissibility of shares. 
 
http://www.al-inaam.com/fataawa/shares_stocks/shares_stocks.htm
 
And Allāh Ta῾āla Knows Best
Wassalāmu ῾alaykum 

 
Ml. Abdur Rahman Shareef,
Student Dārul Iftā

 
Checked and Approved by:
Mufti Ebrahim Desai
Dārul Iftā, Madrasah In῾āmiyyah

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