Home » Hanafi Fiqh » Askimam.org » Am I allowed to invest in defense stocks of ANY country?
E.g. companies in USA: Lockheed-Martin. General Dynamics. Northrop Grumman. L-3 Communications. Raytheon. Alliant Techsystems: One of the U.S. military’s top makers of bullets, gunpowder, bombs and rocket-propulsion systems
It is not permissible for a Muslim to invest in any defense stock market.
and Allah Ta’ala Knows Best
Mufti Ebrahim Desai
FATWA DEPT.
This answer was collected from Askimam.org, which is operated under the supervision of Mufti Ebrahim Desai from South Africa.
Read answers with similar topics:
country| Cookie | Duration | Description |
|---|---|---|
| cookielawinfo-checkbox-analytics | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics". |
| cookielawinfo-checkbox-functional | 11 months | The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". |
| cookielawinfo-checkbox-necessary | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary". |
| cookielawinfo-checkbox-others | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other. |
| cookielawinfo-checkbox-performance | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance". |
| viewed_cookie_policy | 11 months | The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data. |