Is It Permissible to Be a Minority Shareholder in a Restaurant Selling Alcohol?
Hanafi Fiqh
Answered by Mawlana Ilyas Patel
Question
Can I be a 20% minority shareholder in a restaurant where over 90% of revenue comes from halal food and drinks and less than 10% from alcohol while only taking profits from the halal transactions? I will not handle alcohol-related transactions or draw a salary.
Answer
In the Name of Allah, the Most Merciful and Compassionate.
I pray you are in good faith and health. Thank you for your question.
It will not be permissible for you to become a shareholder in a business where you will be allowing alcohol to be sold. You are directly assisting in sin, which is not permitted in Islam as you are a shareholder of the business. You are responsible for making the decisions. [Taqi ‘Usmani, Fiqh al-Buyu‘; Ibn ‘Abidin, Radd al-Muhtar]
Please refer to this answer for details.
I would like you to go through the valuable answers and links below. In sha Allah, you will receive guidance and direction.
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I pray this helps with your question.
Wassalam,
[Mawlana] Ilyas Patel
Checked and Approved by Shaykh Abdul-Rahim Reasat
Mawlana Ilyas Patel has received traditional education in various countries. He started his schooling in the UK and completed his hifz of the Quran in India. After that, he joined an Islamic seminary in the UK, where he studied secular and Aalimiyya sciences. Later, he traveled to Karachi, Pakistan, and other Middle Eastern countries to further his education. Mawlana has served as an Imam in the Republic of Ireland for several years and taught the Quran and other Islamic sciences to both children and adults. He also worked as a teacher and librarian at a local Islamic seminary in the UK for 12 years. Presently, he lives in the UK with his wife and is interested in books and gardening.
