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Category: Shariah Rules

Why IslamicStock Considers BFSI Income Non-Compliant

BFSI Income Non-Compliant! Yes that's true IslamicStock take BFSI Revenue Non-Compliant because there are many reasons,The BFSI (Banking, Financial Services, and Insurance) sector...

Is Day Trading Permissible? Darul Ifta, Deoband Says No!

Reality of Day Trade FatawasDownload Any kind of Day Trade is not allowed according to Darul Ifta,Darul Uloom Deoband

Benefit of “Under Review” Feature – The Importance of Accurate Sharia Stock Screening

Alhamdulillah! At IslamicStock, we understand our responsibility to provide accurate and transparent Sharia compliance status for stocks. Instead of just indicating stocks as “Red”...

Why Sharia Scholars Opt for 33%, 5%, and Additional Thresholds

Bismillah There are many Financial Screening Criterias, out of theme, We at the IslamicStock uses the following criteria Rule 1The Business-Rule 2Impermissible income to total revenue5%Rule...

Addition of the Non-Compliant Investment to Total Assets Ratio As Rule 6

Unveiling the Non-Compliant Investment to Total Assets Ratio: As per the available contemporary fatwa on screening for Shariah-compliant stocks, the Shariah team recommended including the...

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