Investments and shares

Buying and selling shares

Q: Is it permissible to do share marketing. For example, I bought 100 shares of Reliance Communication for 35 Indian rupees per share. Suddenly the share value increased to 38 Indian rupees. So I sell the 100 shares on the same day and got a profit 300 Indian rupees. Is this halaal or not?

Investing in a company that is partnered with a company that deals in haraam

Q: I had a question regarding finance in islam, specifically investing in cryptocurrencies. I understand that it is only halal to invest in companies that do not deal with any haram acts such as interest or alcohol. However, I was curious to know, if company A, for example, is completely halal in its goals but is partnered with company B that is not halal such as a banking company, is it still halal to invest in company A?

I had a friend call a local sheikh who stated that it is halal to invest in company A since the goal of the company itself, for example to build an education platform, is completely halal even though company A is partnered with company B that is not halal. I just wanted to verify this information with another sheikh to put my mind at peace since I do still have some small amount of doubt. 

Investing in prize bonds

Q: My question is about bonds issued by the state bank of Pakistan. I want to know whether investing in bonds is halal or haram. Remember, there is no interest amount charge on it. If your name is in the list of lucky draw you will get a specific amount/money after tax deductions if not then you will get back tbe face value of the bond. So tell me whether investment in such thing is halal or haram?

Investing in prize bonds

Q: My question is regarding the bonds that can be acquired from the state bank of the country and used as an investment tool by different people. The different bonds are worth from 100 Rupees to 40000 RS. then people wait for the draw to take place, once the draw takes place if your bond number is in the list you will get the prize money, otherwise you can get your money back by returning the bond to the bank. I want to know whether investment in these bonds are Halal or Haram. Is the prize money halal or haram?