Investments and 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?

Q: Please advise if it is permissible to invest in gold stocks for companies owning gold mines, gold mutual funds, exchange traded funds or does one need to physically have the gold in one's possession?

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.

Q: My question relates to UIF claims. Is it permissible to claim UIF benefits from the fund? If not, then can one claim back to the extent of one's contribution value ie 1.5% percent of ones monthly salary over the number of years that he contributed?

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

Q: I had given money to a builder for investment purpose in his project he will invest money in his projects and distribute profit among investor on percentage wise. Is it permissible to invest like this?

Q: I will be receiving a large sum of money from pension pay out from the government upon resignation . If I do not put this in another pension fund, will be taxed heavily by sars. Is Oasis a shariah complaint fund to put my money in the pension fund. Where else do you suggest we invest the Shariah way?

Q: Kaashif is the business owner and Kamran is the investor who invested $500 and Usman is the person who refers and brought Kamran to invest in Kashif's business, and in return Kashif gives bonus 20% percent of invested money to Usman which is $50, and it does not affect on Kamran's shares and profit. So my question is that such kind of bonus or commission which is given by Kashif to Usmaan is Halaal?

Q: I have a friend who is opening a relaxing and rejuvenation spa. He has asked me to invest in it. Will the income from the spa be halaal? The therapist working there will be females.

Q: A invested R100 000 in B’s business. A told B that he is investing in his business on the condition that he receives 10% of his capital investment every month as profit. Is this type of investment permissible? If this type of investment is impermissible, how should the profit-sharing be fixed?