Headache! When it comes to halal investment.
What is halal and whatâs haram : every good stock is âquestionableâ like AAPL , GOOG, META âŚâŚâŚ and so on!
Does it mean, good muslims shouldnât invest those big companies?
AAPL , GOOG, META donât involve themselves directly in porn, alcohol, tobacco, guns and weapons. So just invest in them. If youâre paranoid of the littlest possibility of haramness, then trust me, you wonât find any halal companies. There is always something thatâs haram about a company thatâs not run by muslims (even muslim run businesses can be haram though).
The reason theyâre marked âQuestionableâ and not outright âNon-compliantâ is to give you the information that some people may find objectionable and allow you to make that decision for yourself. Some people will want to completely avoid contributing to and profiting from obscene media offered by streaming services (e.g. Apple TV+). Others may be ok with investing then periodically purifying that investment. Others may just be totally ok with it.
âQuestionableâ just throws a flag and allows you to dig in and decide what to do.
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