Buying stock from Fannie Mae or Freddie Mac lawful in Islam?
Is buying stock from Fannie Mae or Freddie Mac lawful in Islam/halal?
Your response to the question being absurd does not answer the question. All that is needed is a yes or a no and your reasoning to your answer.
Tagged with: buying stock • fannie mae • Freddie Mac Questions • islam
Filed under: Freddie Mac Questions
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from what i understand no.
making a loan and charging interest is not permitted. so owning stock in a company that did that very act would not be allowed.
This is the most absurd question I have heard in a long while.
Not just because it’s so ridiculous but because of what it implies of the asker.