Ijab and Qabul  The following question and answer by Sheikh
Yusuf Talal DeLorenzo attendees of the Dow Jones University
Courses on Islamic Investement.  Question:: I had a question
about investing in the stock market I have heard that it was
questionablebecause of a condition that is necessary in an
islamic contract - that of ijaab and qabool (offerand
acceptance). I have heard that when people are in a contract
with one another (in any form,including as shares of a company),
that a necessary element in the islamic contract is that
theparties involved have the right to make decisions regarding
the contract. However, some say thisdoes not happen in the
shareholder case because it would be impractical in some cases
to take thedecision of ALL shareholders - thus nullifying the
contract islamically and making investing in thestock market
questionable. Could you please help me?  I am confused - could
you also list the necessary elements in a contract according to
the differentmadhabs in Islam.   Answer: Thank you