DailyHalacha.com for Mobile Devices Now Available

Halacha is For Refuah Shelemah for
 Simon ben Sylvia

Dedicated By
Saul Assa and Family

Click Here to Sponsor Daily Halacha
      
(File size: 394 KB)
It Is Permissible To Invest In A Company That Is Open On Shabbat

Is it permissible to invest in a non-Jewish company that conducts business on Shabbat?

 

Rabbi Moshe Halevi, in his work Menuchat Ahava (vol. 1, p. 394), rules that Halacha would allow giving money to a gentile during the week as an investment, even if it is clear that the gentile will conduct his business on Shabbat.  Since the gentile does his work on Shabbat for his own convenience, and the Jew did not specifically instruct or request that the work be performed on Shabbat, no prohibition is involved.  Even though the work performed by the gentile on Shabbat directly affects the Jewish investor, who receives a percentage of the profits, the investment is permissible because the Jew did not specifically request that work be performed on Shabbat.  Rabbi Moshe Halevi adds that the issue of Mar'it Ha'ayin – giving the mistaken appearance of violating Halacha – does not arise in such a case, because when the gentile conducts his business on Shabbat it is not evident that this work involves a Jewish investor.

 

By extension, then, it is entirely permissible to own stock in a company that conducts business, opens its stores, and earns profits on Shabbat.  Even though a Jew receives a share of the company's profits, nevertheless, since the employees do not work on Shabbat at the behest of the Jew, and do not give the appearance of doing so, no prohibition is involved.

 

Thus, one may invest during the week in a non-Jewish company that operates and conducts business on Shabbat.

 


Recent Daily Halachot...
If One’s Hands Touch Somebody Else’s Hands After Netilat Yadayim
A Firstborn Son's Rights to a Double Portion in the Inheritance
The Status of A Will in Halacha
The Basic Laws of Inheritance When the Deceased Did Not Leave a Will
May One Recite Hashem’s Name When Teaching a Child the Beracha?
Fast Days – Rinsing One’s Mouth with Water, Chewing Gum and Taking Pills
Ta'anit Yahid: Accepting a Personal Fast, and Eating Before Dawn on the Day of the Fast
The Intention One Must Have During Netilat Yadayim
Feeling Distressed Over the Destruction of the Bet Ha’mikdash
Is The Middle-Man Retailer Responsible For Compensation If The Mfg Is Out Of Business, and Issues Regarding Counterfeit Bills
Is A Deal Binding If Its Content Is In Violation Of A Torah Prohibition?
Laws of Barter Transaction; the Halachic Status of a Handshake When Closing a Deal
The Obligation to Keep Verbal Commitments
When Does Property Transfer Ownership In A Transaction
Delivering a Speech While the Torah Scroll is on the Bima
Page of 239
3585 Halachot found