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Social Media Stocks And Shares Halal Or Haram?
Is twitter stocks or shares halal? Is buying social media shares and stocks halal?
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3 Replies
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Social Media Stocks And Shares Halal Or Haram?
updated 2 years, 8 months ago
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Replies
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Same principle will apply here as elaborated in the following thread:
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I am confused. Twitter doesn’t seem to own any content. Then how am I going to determine if it can violates the quranic verse or not?
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In matters other than dietary, we have to see whether there is any ethical problem present or not i.e. whether something falls in 5 broad categories mentioned in Quran (7:33) as being prohibited or not.
Principles of Determining Haram:
The same will apply here.
Twitter doesn’t generate any content on its own, but it does allow people to generate content. So what kind of content does it allow people to generate (as per their declared policy statement or mission statement etc.)? whether it allows people to generate unethical content (involving baseless allegations, nudity, blackmail etc.)?, and when someone generates this kind of content, then does it have any mechanism in place to counter that or does it allow it to happen freely? After getting answers to these kind of questions, you can decide for yourself whether such an investment should be categorized as prohibited or not.
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