Fatwa Explorer

Fatwa #1706525 August 2008Saudi Arabia

Can you please advise me whether vodacom shares are shariah compliant?

Question

Can you please advise me whether vodacom shares are shariah compliant?

If not-is it totally haraam or can i review the financial statements and eliminate the haraam portion when I do sell my shares or recieve my dividends

Answer

In the name of Allah, Most Gracious, Most Merciful

 Assalaamu `alaykum waRahmatullahi Wabarakatoh

Please view your answer at :
http://www.al-inaam.com/fataawa/vodacom.htm

And Allah knows best

Wassalam

Ml. Yusuf bin Yaqub,
Student Darul Iftaa

Checked and Approved by:

Mufti Ebrahim Desai
Darul Iftaa

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