Q&A: A Halakhic Investment Track in Stocks
A Halakhic Investment Track in Stocks
Question
Does the Rabbi know of a halakhic investment track for stocks?
And does the very fact that I own a share in a certain company, even though I do not make any decisions in the company, mean that I have ownership in it?
If it is forbidden, I would be glad if the Rabbi would explain why; and if it is permitted, I would be glad if the Rabbi would explain why.
Answer
I have not researched the topic in depth, and I feel that I am missing professional information (controlling shares, non-controlling shares, with or without dividends, and so on). It also depends on what issue you are asking about. Leavened food on Passover? Interest? The Sabbath? The answer will not necessarily be the same in all of these cases.