Assalamu Alaykum, is it permissible to own shares in an investment bank, more specifically Citigroup? JZK.
Waleikum Asalam, quite certain almost all halal stock screening classify Citigroup as non-shariah compliant. It will fail on the first screen of business activities, as majority of its income comes from Citi credit card services, corporate lending etc etc…
JZK brother. Would it be possible to get one of the scholars to weigh in on this? Also, if it’s not permissible, how does one go about disposing of this haram asset?