-
Can I Buy Stock Of An Alcohol Company?
Assalam alaikum,
Can I buy stock of an alchohol company or arms and ammunition company, as when I buy a stock in secondary market the money doesn’t go to the company for use.
-
2 Replies
-
Can I Buy Stock Of An Alcohol Company?
updated 2 years, 10 months ago
2 Members
·
2
Replies
-
It’s not permissible to buy stock in companies involved in immoral businesses. In a secondary market a third party might benefit from selling you the stock, however as a buyer you’re purchasing a share in a company that’s engaged in immoral business. In other words, by buying the stock, you’re becoming part owner of such a company.
-
Jazakallah Sir.
-
Sponsor Ask Ghamidi
Please sponsor Ask Ghamidi so that we can continue to provide and improve this community platform.
In the last 1584 days, 7,396 registered users have posted 58,125 messages under 16,147 unique topics on Ask Ghamidi.
