AskImamDarul Iftaa Mahmudiyyah (AskImam)

As a Muslim, am i allowed to buy stocks in a hotel group?

· 19 Rabiʻ II 1441 AH1 min readFatwa 43702English
Finance and Commerce

Question

As-salaamu ‘alaykum wa-rahmatullaahi wa-barakaatuh. I would like to know if as a Muslim am i allowed to buy stocks in a hotel group?

Answer

In the Name of Allah, the Most Gracious, the Most Merciful.

As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh.

Brother,

In order for us to advise you further, we require further clarity as to what you refer to by stocks in a hotel group? You may respond to admin@daruliftaa.net Ref: Mahmood Suliman.

And Allah Ta’āla Knows Best

Mahmood Suliman

Student Darul Iftaa
Gaborone, Botswana

Checked and Approved by,
Mufti Ebrahim Desai.

Answered by
Mahmood Suliman
Checked & approved by
Mufti Ebrahim Desai
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