This standard covers rules pertaining to ownership and trading of shares of companies. This includes purpose and activities of the company and their compliance with Shari’a,  accidental lending and borrowing, the assets components, the unlawful income, and the  method of calculating the percentages used in the standard, treatment of cases where  Shari’a has been beached, acquiring shares non-fulfilling Shari’a requirements for the  purpose of their conversion or rectification, unlawful income exclusion rules and general  provisions.

Standard for Issuing Acquiring and Trading Shares  (3.3MB)