This is called to you by Muslim Central.com.

This person is asking if investing in S&P 500 stocks is allowed in Islam. Wama a rusal

I mean

k

kabenika in a lardijalan no

he ela ejalen no he

he la i him fass alu, a hala, they kering,

kun, toum la t'a la moor. The question cannot be answered that simplistically this.

The shari-a-I doesn't care whether it's S&P 500 or not that's irrelevant.

There are other factors that make a stock

Hala or Haran.

So the question should be that can one invest in stocks?

And the response is that, yes, if certain conditions are met and what those conditions

are varies from the Fich committee to a Fich committee but there are two or three broad

conditions that pretty much are unanimously agreed. First and foremost that the product

itself overall be Halal. So obviously you cannot invest in Budweiser. You cannot invest in unethical

or illegal or by unethical I mean like an arms company that's going to be

bombing people you don't want to as a Muslim how can you invest in a company whose

primary product is going to kill millions of people.

I mean you can't do that.

So the product has to be Halal, okay?

Of them as well is that the notion of interest and interest loans need to be taken into account how much is the liquid

...