Fatwa #4370216 December 2019Australia
As a Muslim, am i allowed to buy stocks in a hotel group?
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.