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Islamic investing avoids vices, guns, pork

Posted on 12 March 2012

Q: What does Islamic investing entail? Just as “socially responsible investing” involves avoiding certain kinds of companies, such as those involving tobacco, guns, alcohol or defense, those who want to invest in accordance with Islamic tenets also screen out certain industries.
Companies generally avoided are in industries such as alcohol, gambling, pornography and pork — and often weapons, tobacco and media companies, among others………………………………………..Full Article: Source

 
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Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


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