Shariah Stock Status Report :: Emaar Properties :: UAE :: 29th July 2020

Shariah Stock Status Report :: Emaar Properties :: UAE :: 29th July 2020 Emaar Properties is a leading company that is engaged in real estate development. The company is located in the United Arab Emirates (UAE) and it was established in 1997. Shares of Emaar properties are listed on Dubai Financial Market. The company has […]

Shariah Stock Status Report :: FACEBOOK,INC :: USA :: NASDAQ :: 23rd July 2020

Shariah Stock Status Report :: FACEBOOK INC :: USA :: NASDAQ :: 23rd July 2020 Business sector screening: Facebook Inc. is a social media and social networking company based in United States. Among the notable brands, the company owns Instagram as well as WhatsApp. The company derives its revenue from two major segments: • Advertising: […]

Shariah Stock Status Report :: MICROSOFT CORPORATION :: USA :: NASDAQ :: 16th July 2020

Shariah Stock Status Report :: MICROSOFT CORPORATION :: USA :: NASDAQ :: 16th July 2020 Business sector screening: Microsoft Corporation Is an American Multinational computing conglomerate at the forefront of the global IT infrastructure market. The company derives revenues from the following areas: Software: Consisting of Windows Apps, OneDrive, outlook, Skype etc. PCs and Devices: […]

Shariah Compliant Stocks in Bangladesh

Bangladesh :: Shariah compliant stocks :: All you need to know Shariah Compliant Stocks in Bangladesh Trading in shares of listed stocks is permissible subject to the shares and stocks that are in adherence with the Shariah principles. Stocks screened as per Shariah principles are said to be Shariah compliant shares and trading in such […]

Shariah Stock Status report :: Rossari Biotech IPO :: 10th July 2020

Shariah Stock Status report :: Rossari Biotech IPO :: INDIA :: 10th July 2020 Business sector screening: Rossari Biotech is a specialty chemicals manufacturing company in India. The Company is providing customized solutions to the apparel, FMCG, poultry and animal feed industries. The Company operates in three main business categories – (1) home, personal care […]

Shariah Stock Status report :: AMAZON.COM Inc :: USA :: NASDAQ :: 9th July 2020

Shariah Stock Status report :: AMAZON.COM Inc :: USA :: NASDAQ :: 9th July 2020 Business sector screening: Amazon.com Inc. offers a range of products and services through its Online portals. The Company’s products include merchandise and content that it purchases for resale from vendors and those offered by third-party sellers. It also manufactures and […]

Shariah Financial Ratio Screening :: Market capitalization Vs Total Assets

Shariah Financial Ratio Screening :: Market capitalization Vs Total Assets To classify a company as Shariah compliant, the company has to pass the two levels of screening. Level I – Sector screening Level II – Financial Ratio screening. While there is near unanimity among Shariah scholars globally regarding sector screening, there seems to be one […]

Is Investing in companies having interest bearing debt permissible?

Is Investing in companies having interest bearing debt permissible? Islam prohibits all forms of interest in a financial transaction. There isn’t a doubt about the prohibition of interest in Islam whether taking or giving it. Then how come companies have been deemed Shariah compliant, when they are involved in raising debt which is interest bearing? […]