Stock VS Halal Stock

 

Stock

• Unit of ownership of a company.
• With no restrictions what type of a company or its financial status.   

Halal Stock

• Unit of ownership of a company but comply with Shariah Law.
• Business
• Which avoids prohibited industries 
• Alcohol  
• Tobacco
• Gambling
• Pork
• Weapons 
• Interest bearing products
• Adult entertainment.
•  Fiance
• Debt -to -market cap < 33%.
• Cash & interest bearing should be < 33%.
• Impermissible income < 5% 

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Screener I use:

            

            Zoya App.

Stocks I bought today:

• NVTS
• SGML
• TEM