Is investing in the new craze AMC halal?

Salaams Mufti Saab,

Is investing in AMC halal?

Currently this stock is gaining a lot of traction from the youth within the locality.

Is this stock permissible?


@luke_turner AMC stock isn’t halal, there is an app named islamically, which shows shariah compliant and non compliant stocks, it says that AMC isn’t compliant, because of the revenue and the debt interest

What is the name of this app and is it approved by any Mufti? (Mufti Faraz etc.)

Are you saying that as a Muslim, you are NOT allowed to go to the cinema for a movie? And the company has debt… yes, the world has been through a pandemic in case many didn’t realise that, which affected lots of businesses.