Q: My employer had gifted me shares as part of a BEE structure. E.g. 1000 I was not asked to pay anything and the shares were free. The company gave me the shares at a price (say R50) and at vesting date the share price is (R100). The difference is for my personal benefit, say (R50), What is the ruling on such? The company is a bank. Is zakaat calculated on the price at which it was issued or at current market prices?
Q: Some time back I purchased some mtn Zakhele shares. Are these shares halaal?
Q: Government employees in India and may be in other countries too, receive monthly pension post their retirement from active service, from the government funds till their death. Is pension, which is an income received from a source without having worked for it, haraam or halaal, going by the Islamic Ruling?
Q: I am married and live with my husband & In-laws. My in-laws have invested certain amount of money with their son-in-law who have his own
trading firm and he pays a certain fix amount on monthly basis as return for investment. I would like to know whether this monthly fixed amount received on investment will be considered as halaal as per Islam.
Q: Is it halal to invest in Stock market like buying permissible shares like Petrol, gas, pharmaceuticals, cement etc. Since we are not the owner of the company how can we know how the owner has started that business? He may have brought some loan from the bank to start his business and later he may be introduced shares. In this case, how can we buy even halal shares and also, even if we are investing our halal amount to that share, there are million other investor who also invest their earnings (both haram and halal) in the same stock like mine. In this case, my amount is mingled with their amount and my profit is not halal. Correct me if I am wrong. Considering all this, can we say Stock as a whole is haram since we are not sure about all the investors.
Q: Are you able to advise whether the shares sold by dmc holdings in Klerksdorp are sharia compliant please?
Q: I would like to know whether it is permissible to invest in the stock market and also what is the ruling in investing in Shariah compliant Unit Trusts and the Absa Shariah ETF fund?
Q: Is old mutual and oasis unit trust accounts halaal? I am a student looking to invest my money. I previously sent a question but I did not receive a relevant answer.
Q: I have just graduated from metric and I intend investing my money in shares. Please inform me as to which investment companies (oasis, old mutual, al-baraka etc) I can purchase unit trusts from, which are halaal and suitable?
Q: Is dealing in futures via the stock exchange halaal or not?