<![CDATA[Islam is the total ways of lives of every Muslim such that every aspect of man’s life is never left untouched. The Qur’an and Sunnah of the Prophet (S.A.W.) never underestimate the socioeconomic and financial activities of individual. Hence, the aim of this study is to examine the Islamic perspectives on the contract of Shares. The secondary source of data was used to do justice to this paper. The findings of the paper revealed that shares on halal (legal) business or transaction is allowed in Islam but regulated on the basis of mutual benefit and loss between the two parties. It was concluded that Islam enjoins equity, fairness and justice in the transaction of shares without cheating or discrimination of any kind between companies and shareholders.]]>
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