One group argues that a shareholder is a partner in the company. By holding the share while knowing of prohibited transactions, he is effectively authorizing management to carry them out on his behalf.
Under this stricter view, even where the main business is halal, known interest-based activity creates a serious obstacle to holding the shares.
Opening interactive controls...
Islamic Investment Funds: What Makes a Fund Shari‘ah-Compliant?
One group argues that a shareholder is a partner in the company. By holding the share while knowing of prohibited transactions, he is effectively authorizing management to carry them out on his behalf.
Under this stricter view, even where the main business is halal, known interest-based activity creates a serious obstacle to holding the shares.