Investing in shares from an Islamic point of view

October 1, 2015
Investing in shares from an Islamic point of view
Mohamed Nafeel Mahboob



Consecutive shortcomings and failures of financial markets along with the moral hazards have created a demand for an alternative system for financial markets in both the Muslims and non-Muslim secular societies in the West and East. The paper investigates possibility of applying Islamic finance principles on investment opportunities available to Muslim communities living in either Muslim or non-Muslim countries which are predominated by conventional secular systems economically and financially, it takes stock of the views of contemporary scholars regarding the consistency of Islamic finance principles for investing in shares of joint stock companies, it examines the roles that had been played by Islamic finance and Shari

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