Hi Everyone
Why do we have different opinions on the same stock?
I’m looking to invest in AFC.L
Zoya says it’s not shariah compliant
Islamic Investor says it’s shariah compliant
What’s the difference and the big question is Do I go ahead and invest???
Please help
Hey Assalaamu Alaykum @sujad,
My understanding is that there’s a difference of opinion on so many subjects within our religion, so I fully expected shariah compliance to be the same. The Zoya app determines Shariah Compliance based on the AAOIFI standard. I’m don’t know how Islamic Investor defines shariah compliance.
https://help.zoya.finance/en/articles/4189798-how-do-you-determine-shariah-compliance
Whether you should go ahead, I believe Sh. Joe agreed with the answer given here