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BAYAN LINNAS SIRI KE-228: PELABURAN PATUH SYARIAH DI BURSA MALAYSIA-i

What does the Bayan Linnas say about Shariah-compliant investing on Bursa Malaysia and the importance of investment knowledge?

Short answer

This section of the Bayan Linnas introduces Bursa Malaysia as a capital market offering many products, including Shariah-compliant ones, to institutional and retail investors.

Federal TerritoriesOpinion (irsyad)

A reference, not a fatwa. First sentence of the summary below — read the original fatwa and consult your state authority before acting.

Authority
Federal Territories Mufti Office
Date
Status
Opinion (irsyad)
Series
Bayan Linnas
Topic
Transactions & Finance

No evidence of gazettement in the source — this is not a gazetted fatwa.

Summary

This section of the Bayan Linnas introduces Bursa Malaysia as a capital market offering many products, including Shariah-compliant ones, to institutional and retail investors. Wealth held by Muslims is described as economic strength that helps elevate the standing of the religion. Prospective investors are advised to learn at least the basics of investing first, since lack of knowledge can lead to heavy losses and to being deceived by schemes promising fixed returns. The text provided ends before the detailed ruling on investing is stated.

Written in our own words from the original fatwa — check the source before acting on it.

Bursa Malaysia adalah sebuah syarikat pemegang bursa yang ditubuhkan pada 1973 dan disenaraikan pada 2005.

Excerpt from the original fatwa · Federal Territories

Read the full fatwa on the Federal Territories website (new tab)

How to cite

Cite the original fatwa and its authority. Rujuk Fatwa is only where you found it.

Federal Territories Mufti Office. “BAYAN LINNAS SIRI KE-228: PELABURAN PATUH SYARIAH DI BURSA MALAYSIA-i”, 6 May 2020. https://muftiwp.gov.my/ms/artikel/bayan-linnas/4501-bayan-linnas-siri-ke-228-pelaburan-patuh-syariah-di-bursa-malaysia-i. Found via Rujuk Fatwa: https://rujukfatwa.com/en/fatwa/shariah-compliant-investing-bursa-malaysia/

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Evidence cited

Quran verses

  • Al-Hadid 57:28
  • Al-Anfal 8:14

Hadith

  • Baihaqi 10983
  • Ibn Hibban 4928
  • Muslim 2664
  • Tirmizi 487

Books

  • al-Asybah wa al-Naza'ir (al-Suyuti)
  • Tafsir al-Qurtubi (al-Jami' li Ahkam al-Quran)

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