I have been looking to invest in an electronic vehicle stock but hesitant to do so as they sell alcohol as a gimmick. Is it allowed to invest in that stock as selling alcohol is not the company’s primary business nor their primary source of income?
I have been looking to invest in an electronic vehicle stock but hesitant to do so as they sell alcohol as a gimmick. Is it allowed to invest in that stock as selling alcohol is not the company’s primary business nor their primary source of income?
Sayyed Mohammad Al-Musawi, Sayyed Mohammad al-Musawi is originally from Iraq and heads up the World Ahlul Bayt Islamic League in London. Other than being involved in various humanitarian projects, he frequently responds to... Answered 3 years ago
Even if selling alcohol is not the main business of the company, but only a small part of the income, it will be unlawful (Haraam) to buy or sell the stocks of such company.
Wassalam.