Shariah Compliant Stock

Invest in Shariah compliant stocks in PSX

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Invest in Shariah compliant stocks with KTrade

Shariah-compliant stocks adhere to Islamic principles, offering an ethical and faith-based approach to investing. Whether you’re new to stock trading or a seasoned investor, Shariah-compliant stocks provide the perfect opportunity to grow your wealth without compromising on your values. These stocks are carefully screened to ensure they meet the criteria set by Islamic law, such as avoiding businesses involved in interest-based transactions, alcohol, and gambling.
Start your journey today with KTrade, and invest with confidence knowing that your financial growth is both ethical and rewarding.

Invest in Shariah compliant stocks with KTrade

Shariah-compliant stocks adhere to Islamic principles, offering an ethical and faith-based approach to investing. Whether you’re new to stock trading or a seasoned investor, Shariah-compliant stocks provide the perfect opportunity to grow your wealth without compromising on your values. These stocks are carefully screened to ensure they meet the criteria set by Islamic law, such as avoiding businesses involved in interest-based transactions, alcohol, and gambling.
Start your journey today with KTrade, and invest with confidence knowing that your financial growth is both ethical and rewarding.

List of Shariah compliant stocks in Pakistan

Symbol

Name

The Hub Power Company Limited

HUBC

Pakistan Telecommunication Company Ltd

PTCL

Cnergyico PK Limited

CNERGY

Secure Logistics Group Limited

SLGL

Worldcall Telecom Limited

WTL

List of The Top Dividend Stocks in Pakistan

Symbol

Name

The Hub Power Company Limited

HUBC

Pakistan Telecommunication Company Ltd

PTCL

Cnergyico PK Limited

CNERGY

Secure Logistics Group Limited

SLGL

Worldcall Telecom Limited

WTL

DALL·E 2024-10-21 12.36.16 - A clean, modern image representing Shariah-compliant stocks, featuring an abstract stock market chart with green and gold tones for growth and prosper

All You Need to Know About Shariah-Compliant Stocks

What are Shariah-compliant stocks?

Shariah-compliant stocks are shares of companies that operate in accordance with Islamic principles. These stocks avoid involvement in industries or activities considered haram (forbidden) under Shariah law, such as alcohol, gambling, pork products, and interest-based financial transactions. By adhering to these guidelines, Shariah-compliant stocks allow Muslim investors to engage in ethical investing while staying true to their religious beliefs.

How to know if a stock is Shariah compliant?

To determine if a stock is Shariah-compliant, companies are rigorously evaluated against Islamic guidelines. Typically, this involves examining the company’s core business activities and its financial ratios. A stock is considered Shariah-compliant if:
The company does not engage in activities forbidden under Islamic law (e.g., dealing in alcohol, gambling, or interest).
The company’s debt and liquidity ratios remain within the permissible limits set by Shariah scholars.
Many financial platforms, including KTrade, provide specific tools or lists of Shariah-compliant stocks, making it easier for investors to identify suitable opportunities for ethical investing.

DALL·E 2024-10-21 12.36.16 - A clean, modern image representing Shariah-compliant stocks, featuring an abstract stock market chart with green and gold tones for growth and prosper

All You Need to Know About Shariah-Compliant Stocks

What are Shariah-compliant stocks?

Shariah-compliant stocks are shares of companies that operate in accordance with Islamic principles. These stocks avoid involvement in industries or activities considered haram (forbidden) under Shariah law, such as alcohol, gambling, pork products, and interest-based financial transactions. By adhering to these guidelines, Shariah-compliant stocks allow Muslim investors to engage in ethical investing while staying true to their religious beliefs.

How to know if a stock is Shariah compliant?

To determine if a stock is Shariah-compliant, companies are rigorously evaluated against Islamic guidelines. Typically, this involves examining the company’s core business activities and its financial ratios. A stock is considered Shariah-compliant if:
The company does not engage in activities forbidden under Islamic law (e.g., dealing in alcohol, gambling, or interest).
The company’s debt and liquidity ratios remain within the permissible limits set by Shariah scholars.
Many financial platforms, including KTrade, provide specific tools or lists of Shariah-compliant stocks, making it easier for investors to identify suitable opportunities for ethical investing.

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