Brewdogshares.com Reviews

Based on looking at the website Brewdogshares.com, it appears to be a platform for private trading of BrewDog UK plc shares, operated by Neil Fletcher. The site explicitly states it is not an equity broker and not part of BrewDog or ComputerShare, but rather facilitates private sales from their own shareholding, with an aim to re-buy from other investors. While the concept of private share trading exists, it is crucial to understand that investing in shares, particularly through informal channels, falls under the category of financial transactions that require careful scrutiny from an Islamic perspective.

The core issue here revolves around potential elements of gharar excessive uncertainty and riba interest, which are strictly prohibited in Islam. When dealing with private share sales outside regulated exchanges, the transparency, fairness of pricing, and underlying assets of the company become paramount. Furthermore, the very nature of speculative share trading, aiming for capital gains through price fluctuations, can sometimes veer into gambling-like behavior if not rooted in a genuine, ethical investment in a permissible business. From an Islamic finance standpoint, it is always better to engage in clear, transparent, and ethically sound investments that avoid ambiguity, speculation, and any form of interest or illicit gains.

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Understanding Brewdogshares.com: A Closer Look

Based on checking the website Brewdogshares.com, it presents itself as a niche platform for buying and selling BrewDog UK plc shares privately, outside of official exchanges.

Operated by Neil Fletcher, known as ‘Share Trader’ on the BrewDog Investors Forum, the site aims to provide an avenue for new investors to acquire shares and access associated perks like discounts and AGM invites, especially since BrewDog has stated they do not intend to hold future public share sales.

Brewdogshares.com Review & First Look

Upon initial review, Brewdogshares.com has a straightforward, no-frills design.

It focuses directly on its purpose: facilitating private transactions of BrewDog UK plc shares.

• Operator Identity: The site is run by Neil Fletcher, identified as ‘Share Trader’ from the BrewDog Investors Forum. This establishes a personal, community-based connection rather than a corporate one.
• Transaction Model: The platform clearly states, “We are NOT brokers, but instead sell from our own shareholding before re-buying from other investors who wish to sell.” This model differentiates it from traditional brokerage services.
• Verification: The site encourages potential buyers to check out Neil Fletcher on the BrewDog Investors Forum @Neil_Fletcher or through their Facebook Page https://www.facebook.com/BrewDogShareTrader/ for credibility.
• Direct Purchase Limitation: “You cannot buy directly from this website. Your purchase can only happen after we have sent you a formal offer, either by email or through the BrewDog Equity Punks Investor Forum.” This indicates a manual, offer-based transaction process.
• Transparency Claims: The site claims prices are fully inclusive of all fees and taxes, and shares are transferred to ComputerShare, BrewDog’s preferred custodian.

Brewdogshares.com Cons

While the site presents a clear purpose, several aspects raise concerns, particularly from an ethical and financial prudence perspective.

• Lack of Regulatory Oversight: Unlike regulated stock exchanges or licensed brokers, Brewdogshares.com operates as a private trading entity. This means it lacks the robust regulatory oversight and investor protections typically associated with formal financial markets.
  • Limited Recourse: In case of disputes or issues, your avenues for recourse may be significantly limited compared to transactions handled by regulated entities.
  • No Investor Compensation Schemes: There are no financial services compensation schemes protecting your investment, unlike with regulated brokers.
• Price Fixing and Negotiation Limits: The site states, “our prices are fixed for all purchases of up to 500 shares, and we do not negotiate on price.” While they might offer a “slightly better price” for purchases over 500 shares by reducing their own margin, the fixed pricing for smaller quantities can be a disadvantage.
  • Market Discrepancy Risk: Prices are based on the AssetMatch Trading Day price from September 1st, 2022 £6.50 per share base price. This means the price may not reflect the most current market valuation or liquidity.
  • “Significantly Higher” Price for Small Shares: The explicit warning that “for purchases of small numbers of shares that the price per share will be significantly higher than £6.50” indicates a premium, which might not be transparently justifiable outside a true market.
• Alcohol-Related Business: Crucially, BrewDog is a brewery, primarily engaged in the production and sale of alcoholic beverages. From an Islamic perspective, investing in companies whose primary business activities involve alcohol is impermissible.
  • Ethical Conflict: Supporting a company that profits from alcohol, even indirectly through share ownership, goes against Islamic principles.
  • Prohibited Gains: Any dividends or capital gains derived from such an investment would be considered impure haram wealth.
• Hobby Site Disclaimer: The site explicitly states, “This is a hobby site, and not a business.” This disclaimer further underscores the informal nature of the operation, potentially reducing accountability and professional standards.
  • Informal Operations: A “hobby site” implies a lower level of professional commitment, potentially impacting transaction speed, customer service, and overall reliability.
  • No Business Guarantees: As a hobby, there are no commercial guarantees or service level agreements typically expected from a financial service provider.
• Money Laundering Regulations: While the site mentions compliance with Money Laundering regulations for large value purchases and expects buyer cooperation, the informal nature of the “hobby site” could raise questions about the robustness of their verification processes compared to regulated financial institutions.

Brewdogshares.com Alternatives

Given the issues with Brewdogshares.com, particularly its association with an alcohol-producing company and its informal operational model, seeking ethical and regulated alternatives for investment is paramount.

• Halal Investment Platforms: Instead of investing in companies involved in impermissible activities like alcohol, focus on platforms that offer Sharia-compliant investment options. These platforms meticulously vet companies to ensure their core business, financial structure, and operational practices align with Islamic principles.
  • Wahed Invest: A prominent global halal investment platform offering diversified portfolios of ethically screened stocks, Sukuk Islamic bonds, and gold. They have robo-advisory services and are regulated in various jurisdictions.
  • Islamic ETFs/Mutual Funds: Look for Exchange Traded Funds ETFs or mutual funds that specifically track Sharia-compliant indices or invest in companies screened for ethical criteria e.g., no alcohol, tobacco, gambling, conventional finance, or adult entertainment. Examples include the iShares MSCI World Islamic UCITS ETF or similar funds available through ethical brokers.
  • Amanah: An app-based platform that allows users to invest in Sharia-compliant portfolios, often with low minimums, making halal investing accessible.
• Direct Investment in Halal Businesses: Consider directly investing in small businesses or startups that operate within permissible sectors and have a clear, ethical business model.
  • Crowdfunding Platforms Halal Focus: Some crowdfunding platforms specialize in raising capital for ethical or Islamic businesses, providing an opportunity for direct equity participation.
  • Local Businesses: Explore opportunities to invest in local businesses that align with your values, such as halal food establishments, sustainable agriculture, ethical tech startups, or modest fashion brands.
• Real Estate Halal Financing: Real estate investment, when financed through Sharia-compliant modes e.g., Murabaha, Musharakah, Ijarah, is a robust and permissible asset class.
  • Property Crowdfunding: Some platforms allow fractional ownership of properties, which can be structured in a Sharia-compliant manner.
  • Direct Property Purchase: Investing directly in income-generating properties or land.
• Commodity Trading Spot Contracts: Trading in physical commodities like gold, silver, or agricultural products through spot contracts, where immediate exchange of goods for money occurs, can be permissible.
  • Precious Metals: Investing in physical gold and silver, holding it as a store of value.
  • Agricultural Produce: Exploring ethical trading in agricultural commodities.
• Takaful Islamic Insurance: Instead of conventional insurance which contains elements of riba and gharar, opt for Takaful, which is based on mutual cooperation and donation.
  • Family Takaful: For life and health coverage.
  • General Takaful: For property, auto, and other general insurance needs.

These alternatives not only provide avenues for financial growth but also ensure that your investments align with Islamic ethical guidelines, promoting peace of mind and blessings in your financial endeavors.

The Problem with Investing in Alcohol-Related Companies

Investing in companies whose primary business involves alcohol, such as BrewDog, presents a fundamental conflict with Islamic principles. This isn’t just about personal consumption.

It extends to benefiting from or supporting any industry that promotes or profits from alcohol.

Sharia Compliance and Alcohol

From an Islamic perspective, alcohol is unequivocally prohibited haram. This prohibition extends beyond consumption to all facets of the alcohol industry. Cashforyourbrokencar.co.uk Reviews

• Direct Prohibition: The Quran explicitly forbids alcohol e.g., Surah Al-Ma’idah, 5:90-91.
• Broad Scope of Prohibition: Islamic scholars and traditions Hadith have clarified that the prohibition applies to producing, selling, transporting, serving, and even benefiting from alcohol.
  • Prophet Muhammad PBUH said: “Allah has cursed alcohol, its drinker, its pourer, its seller, its buyer, its presser, the one for whom it is pressed, its carrier, and the one to whom it is carried.” Abu Dawud, Tirmidhi
• Impurity of Earnings: Any income or profit derived from an impermissible activity is considered impure and cannot be fully utilized by a Muslim. This includes dividends or capital gains from shares in an alcohol company.
• Ethical Responsibility: Investing in such companies is seen as an indirect endorsement and financial support for an industry that causes societal harm, including health issues, addiction, and social problems.

Ethical Implications Beyond Islam

While the Islamic stance is clear, even from a secular ethical viewpoint, investing in alcohol companies can be problematic for many.

• Public Health Concerns: Alcohol consumption is linked to numerous health issues, including liver disease, various cancers, and mental health problems.
• Social Impact: It contributes to drunk driving accidents, domestic violence, and addiction, burdening healthcare systems and communities.
• CSR Corporate Social Responsibility: Companies in the alcohol industry often face scrutiny regarding their marketing practices, especially concerning underage drinking and responsible consumption.

The Problem with “Perks” Like Discounts

Brewdogshares.com highlights “discounts, Birthday Beers, AGM invites etc.” as perks of share ownership.

• Birthday Beers: Receiving alcoholic beverages as a “perk” directly contradicts the prohibition on consuming or receiving alcohol.
• Discounts: While general discounts on merchandise might seem innocuous, if the primary benefit or motivation for ownership is to access discounts on alcoholic products or to support a business built on alcohol, it becomes problematic.
• AGM Invites: Attending annual general meetings AGMs of an alcohol company implies a level of participation and endorsement in its operations, which is to be avoided.

Legal and Practical Considerations for Private Share Trading

Beyond the ethical considerations, engaging in private share trading through platforms like Brewdogshares.com also brings a set of legal and practical considerations that differ significantly from trading on regulated exchanges.

Due Diligence and Verification

• Authenticity of Shares: How does a buyer verify that the shares being sold are indeed authentic and legally owned by the seller? While Brewdogshares.com mentions transfer to ComputerShare, this process needs to be robustly transparent.
• Seller’s Identity: Verifying the true identity and legitimacy of the seller beyond a forum username or Facebook page is crucial to prevent fraud.
• Company Status: Understanding the current status of BrewDog UK plc e.g., any ongoing mergers, acquisitions, or financial distress is vital, as this information might not be readily available for privately traded shares.

Transaction Process and Security

• Payment Security: The site states, “You cannot buy directly from this website. Your purchase can only happen after we have sent you a formal offer, either by email or through the BrewDog Equity Punks Investor Forum.” This off-platform payment process can be risky.
  • Escrow Services: Without a formal escrow service or a regulated payment gateway, buyers are exposed to the risk of non-delivery of shares after payment, or sellers not receiving payment after share transfer.
  • Reversal of Funds: Reversing payments made through informal channels e.g., bank transfers can be challenging if a dispute arises.
• Share Transfer Mechanics: While the site mentions transfer to ComputerShare, the exact steps, timelines, and costs involved in this transfer should be explicitly clear and legally binding.
  • Stamp Duty: The site mentions paying stamp duty for sales over £1,000. Buyers should confirm how this is handled and verified.
• Formal Offer and Agreement: The reliance on a “formal offer” via email or forum requires a legally sound agreement to protect both parties, outlining terms, conditions, and dispute resolution mechanisms.

Market Transparency and Pricing

• Information Asymmetry: In private transactions, buyers may not have access to the same level of market information e.g., trading volumes, bid-ask spreads, recent transaction prices as they would on a public exchange.
• Fair Value Assessment: Relying on a fixed price from a past trading day September 1st, 2022 means the price might not reflect the current fair market value, leading to potential overpayment or undervaluation.
• Liquidity Concerns: Privately traded shares often have very low liquidity, meaning it might be difficult to sell them quickly at a fair price when you wish to exit the investment.

Regulatory Compliance

• Anti-Money Laundering AML & Know Your Customer KYC: While the site mentions compliance with Money Laundering regulations for large purchases, the rigor and scope of these checks should be comparable to regulated financial institutions.
• Securities Laws: Private share sales are subject to securities laws, which vary by jurisdiction. Both buyer and seller should ensure they are complying with all relevant regulations to avoid legal repercussions.
• Tax Implications: Understanding the tax implications for both buyers and sellers in their respective jurisdictions is crucial, especially when dealing with private transactions that might not be automatically reported to tax authorities by a third party.

In conclusion, while Brewdogshares.com aims to fill a specific niche for BrewDog shareholders, the informal nature of its operations, coupled with the inherent risks of private transactions and the fundamental Islamic prohibition on dealing with alcohol-related businesses, makes it an unsuitable and potentially precarious option.

It is always advisable to stick to regulated platforms and Sharia-compliant investments.

Brewdogshares.com Pricing Structure

Based on the information provided on Brewdogshares.com, the pricing structure for BrewDog UK plc shares is outlined as follows:

Base Price and Additions

• Base Price: The base price for shares is £6.50 per share.
• Reference Point: This price is explicitly stated as the “same settled price as on the official Trading Day through AssetMatch, which was held on 1st September 2022.” This means the price is fixed to a historical valuation, not current market dynamics.
• Inclusive of Fees and Taxes: The site claims, “Our prices are fully inclusive of all fees and taxes.” This implies that the buyer does not incur additional charges beyond the quoted price per share.
• UK Registered Address Surcharge: For UK registered addresses, the site adds “the same amount as the fees and taxes charged by AssetMatch.” While inclusive, this implies a higher price for UK buyers.
• Non-UK Buyer Advantage: “For non-UK buyers we will be cheaper, as a second international broker was required on the AssetMatch Trading Day, and we are not charging extra to non-UK buyers!” This suggests a slight cost advantage for international buyers.

Price Variation for Small Share Purchases

• Significantly Higher Price Warning: The site explicitly warns, “Please note that for purchases of small numbers of shares that the price per share will be significantly higher than £6.50.” This is a crucial point for potential buyers.
  • Implied Premium: This indicates a premium charged for smaller quantities, likely to cover the seller’s effort or fixed costs associated with the transaction, making the effective price per share much higher than the stated £6.50.
  • Lack of Specificity: The exact increase for “small numbers of shares” is not quantified, leading to uncertainty for buyers considering minor investments.

Fixed Price and Negotiation Policy

• Fixed Prices for Up to 500 Shares: “To be as fair as possible to buyers and sellers, our prices are fixed for all purchases of up to 500 shares, and we do not negotiate on price.”
  • No Haggling: This policy eliminates negotiation for typical retail-sized investments.
• Potential Discount for Large Purchases: “If you are seeking to make a larger purchase we may be able to give you a slightly better price per share, by reducing our own margin on the transactions.”
  • Discretionary Discount: This indicates a discretionary discount for bulk purchases, but it’s not a guaranteed or transparent tiered pricing model.

Summary of Pricing Concerns

The pricing model, while attempting to be transparent, presents several points of concern:

• Historical Pricing: Reliance on a September 2022 price means the shares might not be priced at their current fair market value, especially in a volatile market.
• Premium for Small Quantities: The “significantly higher” price for small purchases without clear figures can deter small investors.
• Lack of Transparency: The exact breakdown of “fees and taxes” added to the base price, especially for UK buyers, is not detailed.
• No Real-time Valuation: As a private trading platform, there’s no mechanism to ascertain the real-time value of BrewDog shares, making it difficult for buyers to assess if they are getting a fair deal.

From an Islamic finance perspective, the opacity around the true value and the fixed pricing based on historical data rather than fair market value at the time of transaction introduces elements of gharar uncertainty and potentially ghabn fāhish gross deception in pricing if the price significantly deviates from the true value.

How to Make an Inquiry to Purchase BrewDog Shares via Brewdogshares.com

Based on the information on the website, the process for making an inquiry and potentially purchasing BrewDog UK plc shares through Brewdogshares.com is distinctly non-automated and relies on direct communication.

Steps to Make an Inquiry

• Complete the Form: The primary method for making an inquiry is to “complete the form below” which is present on the website’s homepage. This form is likely a standard contact form requesting your details and interest.
• No Direct Purchase: The site explicitly states, “You cannot buy directly from this website.” This means there is no shopping cart or immediate transaction functionality.
• Formal Offer Stage: “Your purchase can only happen after we have sent you a formal offer, either by email or through the BrewDog Equity Punks Investor Forum.” This indicates a multi-step process where the inquiry leads to an offer, which then leads to a potential transaction.
• Verification encouraged: The site encourages potential buyers to “check us out on the BrewDog Investors Forum, @Neil_Fletcher, or through our Facebook Page before committing to any transaction.” This is a user-driven verification step.

What Happens After Inquiry

• Communication Channel: After submitting the form, Neil Fletcher or the operator will likely respond via the email address you provide or through the BrewDog Equity Punks Investor Forum if you are a member there.
• Formal Offer Document: The site provides a link to an “Example Formal Offer to Sell BrewDog Shares,” giving prospective buyers a preview of what such an offer might look like. This document would presumably detail the number of shares, the fixed price per share, and other terms.
• Acceptance and Payment: Once an offer is received and accepted by the buyer, the specifics of payment and share transfer would be communicated. As it’s a private transaction, this would likely involve direct bank transfers rather than an online payment gateway.
• Share Transfer: After payment, the shares are promised to be transferred to an account at ComputerShare, BrewDog’s preferred custodian.

Key Considerations for Inquiry Process

• Manual Process: The entire process is manual, relying on direct communication and individual agreement rather than automated trading systems. This can mean slower transaction times.
• Trust and Verification: Given the informal nature “hobby site”, building trust and conducting thorough due diligence on the seller and the process is paramount. Checking references on the BrewDog Investors Forum or Facebook is highly recommended by the site itself.
• No Investment Advice: The site clearly states, “We cannot give anyone investment advice, and any decision to buy or sell is your own responsibility.” Buyers must make their own investment decisions without relying on the seller for advice.
• Money Laundering Compliance: For “large value purchases,” buyers should expect to cooperate with Money Laundering regulations, which might involve providing identity verification documents.

From an ethical and Islamic finance perspective, engaging in this manual, private inquiry and purchase process for shares in an alcohol-producing company is highly discouraged due to the inherent impermissibility of profiting from or supporting such an industry. Furthermore, the lack of a regulated, automated exchange for such transactions introduces elements of gharar uncertainty in the transaction process itself. Cointex.su Reviews

How to Sell BrewDog Shares via Brewdogshares.com

Brewdogshares.com also provides an avenue for existing BrewDog UK plc shareholders to sell their shares to Neil Fletcher, who then re-sells them to new investors.

The process is outlined on a dedicated “I Want to Sell” page, which is linked from the main homepage.

Selling Process Overview

• Dedicated Selling Page: The site directs individuals looking to sell shares to their “I Want to Sell” page. This indicates a separate inquiry and process for sellers.
• Seller’s Intent: Neil Fletcher states, “We are NOT brokers, but instead sell from our own shareholding before re-buying from other investors who wish to sell.” This clarifies that they are primarily buyers from sellers, then re-sellers.
• Inquiry Form: Similar to buying, sellers would likely need to fill out an inquiry form on the “I Want to Sell” page, indicating their desire to sell and the number of shares.
• Offer from Brewdogshares.com: After an inquiry, Neil Fletcher would likely make an offer to purchase the shares from the seller. The site implies their pricing aims for fairness to both buyers and sellers, suggesting their purchase price would be derived from the same base price they use for selling, possibly with a margin.
• Formal Agreement and Transfer: If the seller accepts the offer, a formal agreement would likely be reached, outlining the terms of the sale, payment, and the transfer of shares from the seller’s ComputerShare account to Neil Fletcher’s.
• HMRC Reporting: The site mentions, “We register all sales over £1,000 with HMRC’s Birmingham Stamp Duty Office, and pay all taxes on any profits we make.” This suggests a level of compliance for larger transactions.

Key Considerations for Sellers

• Pricing: Sellers should be aware that the price offered may not reflect the true market value if BrewDog shares were traded on a regulated exchange. The fixed price based on the AssetMatch trading day September 2022 means they might not get the most current valuation.
• Convenience vs. Price: The primary benefit for sellers using this private channel is convenience, especially if there are limited alternative avenues to sell BrewDog shares directly. However, this convenience might come at the cost of a lower selling price compared to a liquid market.
• No Brokerage Fees for Seller: Since Neil Fletcher is buying directly from the seller, the seller might avoid traditional brokerage fees that would apply on a regulated exchange.
• Verification of Buyer: While the site has references on the BrewDog Investors Forum, sellers should also exercise due diligence to ensure they are dealing with a legitimate buyer who will complete the transaction and payment as agreed.
• Tax Implications: Sellers are responsible for understanding their own capital gains tax obligations on any profits made from selling shares.
• Money Laundering Compliance: For large sales, sellers should also be prepared for potential requests for identity verification to comply with Money Laundering regulations.

From an Islamic perspective, the act of selling shares in an alcohol-producing company is part of disassociating oneself from an impermissible investment.

If a Muslim already owns such shares, selling them would be a necessary step to cleanse one’s wealth.

However, the gains derived from such shares throughout the period of ownership would still need to be purified e.g., by donating them to charity without expecting reward, as they originated from an impermissible source.

The process of selling through an informal platform still carries the financial risks discussed earlier, but the primary motivation would be to exit an unethical investment.

Conclusion: Brewdogshares.com – A Risky Proposition for Ethical Investors

Brewdogshares.com serves a specific niche for private trading of BrewDog UK plc shares, presenting itself as a “hobby site” operated by an individual known within the BrewDog investor community.

While it attempts to facilitate transactions for those seeking to buy or sell these specific shares outside conventional markets, a comprehensive review reveals significant drawbacks, especially for individuals seeking to align their financial activities with Islamic ethical principles.

The most critical issue is BrewDog’s primary business: the production and sale of alcoholic beverages. From an Islamic finance perspective, investing in, deriving benefit from, or actively supporting companies involved in the alcohol industry is strictly prohibited. This prohibition extends to receiving “perks” like “Birthday Beers” and to the very nature of profiting from the growth of an alcohol-centric business. For a Muslim, any capital gains or dividends from such an investment would be considered impure haram wealth.

Beyond the ethical impermissibility, Brewdogshares.com also presents various practical and legal concerns: Loftboardingcompany.com Reviews

• Lack of Regulation: Operating as a “hobby site” rather than a licensed broker, it lacks the stringent regulatory oversight and investor protection schemes found in conventional financial markets. This increases the risk of limited recourse in case of disputes.
• Pricing Opacity and Risk: The fixed pricing based on historical data, with undisclosed premiums for small share quantities, can lead to unfair valuations. Buyers might not be getting the current market value, and the lack of real-time market data creates significant gharar uncertainty.
• Informal Transaction Process: The manual, off-platform transaction process inquiries followed by formal offers and direct payments introduces security risks compared to automated, secure trading platforms.
• Limited Transparency: While the site claims transparency regarding fees and taxes, the full breakdown of costs and the precise mechanics of share transfer could be clearer.

For those considering investment, it is unequivocally recommended to avoid Brewdogshares.com and any direct or indirect investment in companies involved in alcohol or other impermissible industries. Instead, direct your financial efforts towards:

• Sharia-Compliant Investment Platforms: Utilize reputable platforms like Wahed Invest or Islamic ETFs/mutual funds that rigorously screen companies for ethical business practices, ensuring your investments are aligned with Islamic principles no alcohol, gambling, riba, etc..
• Halal Businesses: Invest directly in small businesses or startups operating in permissible sectors e.g., technology, renewable energy, ethical consumer goods, halal food, healthcare.
• Real Estate Halal Financing: Explore real estate investment through Sharia-compliant financing methods, which offer tangible assets and permissible income streams.
• Takaful: Opt for Islamic cooperative insurance Takaful over conventional insurance for protection needs.

Ultimately, financial decisions are not just about profit, but also about ethical alignment and seeking blessings.

While Brewdogshares.com offers a route to acquire BrewDog shares, the fundamental nature of the underlying business makes it an unsuitable and impermissible venture for a Muslim investor.

Prioritizing clear, transparent, and ethically sound investments that avoid ambiguity and illicit gains is always the superior and more blessed path.

Frequently Asked Questions

What is Brewdogshares.com?

Brewdogshares.com is a private website operated by Neil Fletcher that facilitates the buying and selling of BrewDog UK plc shares between individuals, outside of regulated stock exchanges.

It functions as a platform for Neil Fletcher to sell shares from his own holding and to re-buy from other investors.

Is Brewdogshares.com a regulated broker?

No, Brewdogshares.com explicitly states that it is not an equity broker and is not part of BrewDog or ComputerShare. It operates as a private trading platform.

Can I buy BrewDog shares directly from Brewdogshares.com?

No, you cannot buy directly from the website.

The process involves submitting an inquiry form, after which Neil Fletcher will send a formal offer via email or through the BrewDog Equity Punks Investor Forum.

What is the base price for BrewDog shares on Brewdogshares.com?

The base price for shares is £6.50 per share, based on the settled price from the AssetMatch Trading Day on September 1st, 2022. Thecosybaby.co.uk Reviews

Are there additional fees or taxes when buying shares from Brewdogshares.com?

The site states that prices are “fully inclusive of all fees and taxes.” However, for UK registered addresses, an amount equivalent to AssetMatch fees and taxes is added to the base price. Non-UK buyers may find it cheaper.

Does the price per share vary on Brewdogshares.com?

Yes, the site warns that “for purchases of small numbers of shares that the price per share will be significantly higher than £6.50.” Prices are fixed for purchases up to 500 shares, but larger purchases may be eligible for a slight reduction in margin.

How can I verify the legitimacy of Brewdogshares.com?

The website encourages potential buyers to check out Neil Fletcher on the BrewDog Investors Forum @Neil_Fletcher or through their Facebook Page https://www.facebook.com/BrewDogShareTrader/ before committing to any transaction.

Are shares purchased through Brewdogshares.com transferred to my name?

Yes, the site states that shares will be transferred to an account at ComputerShare, which is BrewDog’s preferred custodian, “just as if you had bought direct from BrewDog from a share issue!”

What perks do I get by buying shares through Brewdogshares.com?

Purchasers are entitled to “all the standard perks associated with BrewDog UK plc share ownership, such as discounts, Birthday Beers, AGM invites etc.”

Is investing in BrewDog shares permissible from an Islamic perspective?

No, investing in BrewDog shares is generally not permissible from an Islamic perspective because BrewDog’s primary business involves the production and sale of alcoholic beverages, which is prohibited in Islam.

What are the risks of using Brewdogshares.com?

Risks include lack of regulatory oversight, potential price discrepancies as it’s based on historical data, informal transaction processes that may lack robust security, and liquidity concerns for reselling shares.

Does Brewdogshares.com offer investment advice?

No, the website explicitly states, “We cannot give anyone investment advice, and any decision to buy or sell is your own responsibility.”

How do I sell my BrewDog UK shares through Brewdogshares.com?

If you wish to sell, you should visit the “I Want to Sell” page on the Brewdogshares.com website and likely fill out an inquiry form there.

Neil Fletcher will then make an offer to buy your shares. Goldsbet.com Reviews

Does Brewdogshares.com trade in BrewDog USA or Australian shares?

No, the site states, “We do not trade in BrewDog USA or Australian shares.” They expect it will be several years before trading those shares becomes viable.

Is Brewdogshares.com a business or a hobby?

The site states, “This is a hobby site, and not a business.

It is used primarily to help our fellow investors.”

What if I want to buy a very large number of shares?

For purchases of large numbers of shares over 500, the site indicates they “may be able to give you a slightly better price per share, by reducing our own margin on the transactions.”

How are taxes handled on sales over £1,000?

The operator states, “We register all sales over £1,000 with HMRC’s Birmingham Stamp Duty Office, and pay all taxes on any profits we make.”

What are some ethical alternatives to investing in BrewDog?

Ethical alternatives include investing in Sharia-compliant investment platforms e.g., Wahed Invest, halal ETFs/mutual funds, direct investments in ethical businesses, or real estate through halal financing.

Why is investing in alcohol companies problematic in Islam?

Islam prohibits all activities related to alcohol, including its production, sale, and consumption.

Therefore, profiting from or supporting companies whose primary business is alcohol is considered impermissible haram.

What should I do if I already own BrewDog shares as a Muslim?

If you already own BrewDog shares, it is advisable to sell them to disassociate from the impermissible investment.

Any profits gained from these shares during your ownership should ideally be purified by donating them to charity without expecting reward. Awesome-maps.com Reviews