# Is it permissible to invest in stock market in india.

**Institution:** Darul Ifta Kauzariyya
**Category:** Transactions & Dealings
**Madhab (School):** Shafii
**Mufti / Jurist:** Mufti Muhammed Salih Al Kauzari
**Published Date:** January 01, 1970
**Canonical URL:** https://www.daruliftakauzariyya.com/fatwa-archive/848-Is-it-permissible-to-invest-in-stock-market

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## Question

Is it permissible to invest in stock market if the corporate company deals with bank?

## Answer / Fatwa Ruling

Permission to invest in share business is based on the mode of company that you are investing. If the company follow Islamic Principles &amp; do not deal with interest, then it is Halal. If the company deals in haram businesses like investing in banks to receive interest, or the company didn&rsquo;t following Islamic Principles in their sales &amp; purchasing, then you cannot invest in such companies.

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