Islamic Finance Seminar: Stock Market Investments
This was a seminar on how to invest in stock market in a Shariah-compliant way. Topics that were covered in the seminar include:
- Musharakah – Islamic financial contract relevant to stock market
- Similarities and differences between Musharakah and common stock
- Limited liability of a company – Islamic perspective
- Shariah stock screening process – qualitative and quantitative screening of a stock
- Shariah stock screening methodologies used by Dow Jones, Standard & Poors, Morgan Stanley, FTSE/Yaser and Securities Commission of Malaysia
- Shariah rulings on Zakah on stocks
- Purification of capital gains and dividend income
Presented by: Br. Abdul Shakoor Dalvi: MBA-Finance, CIFP—Chartered Islamic Finance Professional and Canadian Securities Course
Content from the evening including presentation slides and references can be downloaded here.