Chiara
Sat Jun 08 2024
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5 answers
747
Is PayPal stock halal?｜Since the revenue from such non-permissible activity exceeds 5% of total revenue, Paypal Holdings Inc is .not Shariah compliant
Could you please elaborate on the concept of whether PayPal stock is considered halal or not? I've read that PayPal Holdings Inc. is not Shariah compliant due to the fact that revenue generated from non-permissible activities exceeds 5% of their total revenue. Could you explain what this means in greater detail? What exactly constitutes a non-permissible activity in this context? And how does this determination impact investors who adhere to Shariah principles? I'm interested in understanding the implications of this ruling for those seeking halal investment options.
