We follow Mufti Taqi Usmani Sahab books and fatawas, we found these are the basic rules to find out a stock Sharia Compliant or not.
1.The Business
2.Income from non-sharia compliant investments
3.Interest-bearing debt to total assets
4.Illiquid assets to total assets ratio
5.Net liquid assets v market capitalisation
These criteria also followed by Zakir Naik and other scholars.
Application will show you all these rules and formulas and their results.
Feel free to ask any question.
1.The Business
2.Income from non-sharia compliant investments
3.Interest-bearing debt to total assets
4.Illiquid assets to total assets ratio
5.Net liquid assets v market capitalisation
These criteria also followed by Zakir Naik and other scholars.
Application will show you all these rules and formulas and their results.
Feel free to ask any question.
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