HALAL INVESTMENTOR
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As Nyka provides make up accessories which is not permissible in Islam then how nyka can be halal stock even if they sell this accessories. Pls explain
Posted : 18/03/2022 4:47 pm
The product offering of the company comprises of hair care, oral care, bath and shower, skin care, make-up, haircare, bath and body, fragrance, grooming, appliances, personal care, and health and wellness categories, fashion clothings. So not all of these can be considered haram.
Moreover the percentage contribution of make up items in the total revenue is not clear.
Even if we review some of the fatwa on use of make -up per se by women, the scholars opine that the purpose of usage of make-up by a women makes it haram or otherwise. Which again brings in a subjectivity in the total issue.
In view of these aspects, the company has not been considered completely haram from the activity perspective.
Still if one is not convinced, one should not invest in it.
Hope that clarifies your concern.
Allah knows best. May he guide us to what is right and protect from us from the wrongs.Ameen.
Posted : 19/03/2022 3:22 pm
