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Shariah Team of IslamicStock Screener, India
One of the reasons for this low Muslims investor in INDIA Stock Market is the lack of information regarding stock market investment. In general there is misconception in public regarding the Shariah-permissibility of stock market investments. Due to the general perception that stock market investments are often based on speculation, the apprehensions regarding market manipulation, and market features like short-sell and margin borrowing raise doubt regarding the Shariah compliance status of the trading process.
This makes the Shariah Board formation.
Board Members:
- Mufti Hassan Qasmi
- Maulana Abid Ahmed Qasmi
- Hafiz Mohammed Suhaib Khan
- Er. Kashif Rahi
- Mohammad Minhaj
- Aftab Alam
What Shariah Board Do:
• Issuing decisions regarding the Stocks to ensure compliance with the provisions and principles of Shariah.
• Providing ease of mind and confidence to the investor regarding the soundness of stock market investments in the light of Shariah principles.
• In general we follow Darul Uloom Deoband Fatawa & Hanafi Scholars.
• Answering inquiries regarding the Shariah Compliant Stocks Related issues.
• Reviewing the Annual Report of Companies from Shariah point of view.
• Ensuring that stocks upload in the Apps is either fully compliance or non compliance values are correctly taken and calculated by double check by the board members.
• Providing purging formula to make sure the profit earned by the investor is free of any impure money.
• Latest Fiqhi Masaail discussed with Mufti & Ulema for further guidance.
Conclusion:
To serve & guide UMMAH to earn Halal income from share market.
If you have query for our members to ask, contact us on [email protected]
Good to know, and expecting the reply on raised issue
Is there any channel where we can post our quires if we have purchased stock which is non sharia compliant. If we are in profit what to do and if we are in loss in other sharia compliant stocks.
Yes ! You can ask any quires on our telegram channel https://t.me/IslamicStock
Guide further
we allof them very quickly and very happy to use this app for stock and your support forall of us very well worth getting into recession by analysts which are satisfied with our work .thankfully we appreciate 🙏
Masha allah
ماشاءالله
Very helpful app find to halal stock
SJVN ka Debt Money control App me March 2023 me 1.01 hai Aur Islamic stock me wo App Halal hai pls ans me
Our source is Annual Report for checking the compliance status.
You guys are doing great jod may allah bless you all jazakallah
Please provide any full course of how to master in investing islamic stock
Guide wherever ….
You may visit our app & check IslamicStock Academy.
Alhamdulillah! I took the decision to sell off all those scrips which were filtered through your parameters and were non Shariah compliant. May Allah reward you in Duniya and hereafter for the good deeds.
Please add this group
Assalamu alayekum ,
Which demat account is halal, so please reply to me I want to open. The account
Dr sahab capsule strategy bahut hi successful study hai
Meri dua hai allah aap ko aur aap ki academy ko khoob taraqqi de
Assalamu alaikum bhai aap is ka desktop version bhi liye or Hindi ya Urdu mebhi liye
Q1 :- Sir mene Ramzan me Graphite lia tha for long time.. Jab wo full green 🟢 tha.. Ab wo 🔴 red ho gaya he.. Kya me is ka profit le sakta hu, ya rate to rate sale karna padhega..
Q. 2 :-mujhe Varya ka IPO mil gaya tha wo abhi kafi loss me he.. Me Graphite se profit nikal ke Varya ka Jo loss he usme cover kar sakta hu?
Ans 1.
http://blog.islamicstock.in/what-to-do-when-shariah-compliant-status-of-stock-changes/
Ans 2. No
Assalamualaikum,
Mein ney ek shariah compliant stock long term k liye kharida tha , phir ismey mein ney SHARIAH COMPLIANT check kiye bina kuch qty add ki, phir pata chala k wo non compliant hai , aisi situation mey uss non compliant stock ko kaise alag karein, agar mein same qty ( last buying qty) sell ker k profit nikal don to pehley buy kiye howey share nikal jayein gey, rehnumai fermai, jazakallah hu khair..
email karen , ese complicated mamle comment na karen.
Do you have a referral plan for your app/website?
No