Which shariah standard to follow?

[noscentia]

@highlight Problem is that AAOIFI provide no supporting reference for the 30% figure they quote. Wrote about my misgivings here: https://halal.ninja/what-is-aaoifi

 

[d1975mon]

@noscentia The funny thing thing is that there is 25%, 30% and 33%. So they don’t really agree on this figure, which makes me less confident in there ruling saying that these shares are permissible knowing that a lot of companies that are considered shariah compliant are using debt to finance their activities or even in the financial sector.

The following discussion goes over the subject

https://forum.islamicfinanceguru.co...g-halal-can-you-invest-in-the-stock-market/16