Question:
I would like to know about the stock. Is stock buy and sell haram or halal? Is stock capitalism?
بِسْمِ اللهِ الرَّحْمنِ الرَّحِيْم
In the name of Allah, the Most Gracious, the Most Merciful
Answer
Before investing in stocks, there are general guidelines/principles to take into consideration. If these rules are adhered to, then it would be permissible. Our Darul Ifta has shed light on this subject, hence you may refer to the following link: https://daruliftabirmingham.co.uk/halal-investments-into-shares/
For more details regarding investing in stocks, you may also study the following books:
https://archive.org/details/IslamAurJadeedMaashiMasailByShaykhMuftiMuhammadTaqiUsmani
https://archive.org/details/IslamAurJadeedMaeeshat-o-tijarat/mode/2up
https://theislamicestablishment.com/29/2595/issue-of-shares
Only Allah knows best
Written by Maulana Mohammad Ahsan Osmani
Checked and approved by Mufti Mohammed Tosir Miah
Darul Ifta Birmingham