Buying shares in sasol, clicks, dis-chem
Category:
Business Dealings & Money Matters
According to Madhhab:
Hanafi
Reference:
1441-614
Question:
Is it permissible to buy shares in sasol, clicks, Dis-Chem etc?
Answer:
According to our understanding, buying shares in any of these companies would require investing on the JSE. Our Darul Ifta has reservations in investing on share markets such as the JSE, hence we advise abstention.
AND ALLAH TA’ALA ALONE IN HIS INFINITE KNOWLEDGE KNOWS BEST
ANSWERED BY: Mufti Mohammed Desai
CHECKED AND APPROVED BY: Mufti Muhammed Saeed Motara Saheb D.B
Date: 14 Dhul Qa’dah 1441
English Date: 06 July 2020
