Investing shares in entertainment industry
Question:
Is it permissible in Islam to invest shares in the entertainment industry?
بسم الله الرحمن الرحیم
Answer:
The entertainment industry is dominated with unlawful activities and therefore investing shares therein is not permissible.
قال الله تعالى: وتعاونوا على البر والتقوى ولا تعاونوا على الإثم والعدوان۔
Allah knows best
Yusuf Shabbir
28 Jumādā al-Thāniyah 1442 / 11 February 2021
Approved by: Mufti Shabbir Ahmed and Mufti Muhammad Tahir