What are the specifications of American halal stocks?

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What are the specifications of American halal stocks?

Beitragvon doaausef3li » Sa 24. Feb 2024, 06:26

Halal stocks do not differ from other stocks listed in the financial market that achieve growth and give shareholders good returns from investment, but they differ in their adherence to some controls that are compatible with the provisions of Islamic Sharia so that all the money gained from them is legally halal. Among these special controls for halal stocks are: follows:
اسهم حلال في السوق الامريكي
The company to which the shares belong must be based in its activity on legitimate businesses and not in violation of Islamic law. The company’s scope of work should not be in explicit prohibitions such as trading in alcohol or gambling, and it should not engage in buying and selling debts, and the like.

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