It turns out that investments and stocks are allowed as long as they comply with sharia principles. This is Ustadz Hanan Attaki's explanation.
Stock Investment Law in Islam
Quoting from Ustadz Hanan Attaki, stocks are included in one of the chapters of Islamic fiqh, which is called fiqh muamalah or the jurisprudence of relations between humans and humans. Many things are regulated in fiqh muamalah, including business matters with various akad variants.
Examples of akad known in Islam are Mudharabah or profit sharing akad and Wadiah or deposit akad. So legally, stocks are part of Islam, as long as the sharia requirements are met.
What are the sharia requirements in question? For example, there is a clear form of cooperation or akad, in accordance with Islamic justice. The activities carried out must also comply with sharia, nothing should be violated. Apart from that, the product must have broad benefits not only for oneself but also for other people, not be something haram, and of course it must comply with sharia.
Legally, stocks that are based on justice, benefit and pay strict attention to sharia restrictions are sharia stocks.
One important thing to remember, whether a stock is a sharia stock or not is seen from its practice, not the name of the stock itself.
How to choose sharia-compliant stocks?
There are several things you can do, such as studying what you want to do and what you choose, including sharia science, muamalah science and fiqh muamalah. It is also important to carefully study the stocks chosen, such as the akad used and whether there is a sharia board that supervises it.
Listen to Ustadz Hanan Attaki's detailed explanation about stock investment laws and how to choose sharia-compliant stocks below.
Enjoy the Simplicity of Sharia-Compliant Stock Investment with Jago Syariah and the Ecosystem
In today's digital era, you can more easily feel comfortable and simple in investing. Together with Jago Syariah and the ecosystem, you can invest in stocks according to sharia for peace of mind. There are two ways you can choose to start investing in sharia stocks.
1. Upgrading to Bibit Plus using RDN Jago Syariah is a way to be able to choose various sharia investments
You probably already know that through the Bibit application, you can invest in sharia mutual fund products. But now, you can buy not only mutual funds on Bibit.
Want more sharia investment options that you can access? Through the Bibit application, you can upgrade your account to Bibit Plus. Apart from being able to buy mutual funds, with the Bibit Plus account you can buy FR bonds and stocks using Jago Syariah RDN. In other words, Jago Syariah RDN will be the ultimate Pocket for all your sharia investments.
2. Sharia stock investment: simple and practical on Stockbit using Jago Syariah RDN
For those of you who like investing in stocks, even if you are just a beginner, you can enjoy the power of the Jago Syariah ecosystem with Stockbit. Through the Stockbit application, you can create Jago Syariah RDN in just a matter of hours. In other words, Jago Syariah RDN can be created from anywhere and at any time. After that, you can make stock transactions right away.
The awesome thing about using Jago Syariah RDN, you can top up your balance very quickly by moving money from the Jago Syariah Pocket to the RDN Pocket via the Jago application.
Alhamdulillah, investors with sharia preferences can have more peace of mind investing in various sharia investment products with Jago Syariah and its digital ecosystem.