shares

Buying and selling shares

Q: If we interpret various Fataawa then it seems we can purchase shares and then sell them. But some people say that if you purchase the shares speculating that they will go up and sell within few minutes or after an hour or after some days then it is gambling. They say that the sole purpose of share buying should be the partnership of the company. If we are buying shares in anticipation of getting higher price afterwards, it is haraam. According to some muftis the sole purpose of buying the shares should be the partnership in the company and not trading. My question is can I buy the shares of a permissible company and then sell it when the value goes up?

Investing in shares

Q: Is it halal to invest money in the share market because almost all companies have a debt and/or they invest their money in to debt on which they earn/pay interest. Though the company's base dealing is in halaal.

Investing in shares

Q: Please advise on the permissibility of investing in the following Shares:

1. BHP Billiton Plc: An international resources company

2. Compagnie Financière Richemont SA is a Switzerland-based luxury goods holding company.

3. Anglo American PLC is a global mining company.

4. Sasol is an integrated oil and gas company.

5. Aspen Pharmacare Holdings Limited

6. AngloGold Ashanti Limited is a holding company for a group of companies which explore for and mine gold internationally

7. Impala Platinum Holdings Limited, or Implats, is the holding company for a group of companies which operate platinum mines

8.Growthpoint Properties Limited is a real estate company in South Africa. The Company owns a portfolio of commercial, retail and industrial (mostly warehouses) properties in South Africa and Australia

9. Mondi Plc is is an integrated paper and packaging group.

10. South32 a globally diversified metals and mining company