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Is haram to invest in CBD ?

Q:

Assalamualaykum brothers,

I have a business proposal that has recently been sent to me. It is a CBD farm in Oregon and I would like to know if it is 100% halal to invest in. The farm grows the Hemp plant and sells the leaf in dried bulk form wholesale that is used for CBD medicinal/ pain relief purposes. The test results show that there is .003% thc in the entire batch of 100,000 lbs. In other words, if a man were to smoke the entire batch, he/she will not have their mindstate altered in any ways. Regardless of all that, I have searched and asked many other scholars and searched many Islamic websites. Out of the 10 sources 2-3ulama said that is is haram since it still has a trace of THC but the other 8 sources said it is 100% halal. Im confused about which route I should take so please help me out. Jazak’Allahu Kheir.

A:

Wa Alaykumussalam

Thank you for your query.

If it is lawful according to the laws there and is used only for medical purpose, then it is permissible. But if it is used for the Haram purpose other than medical usage, then it is impermissible.

May Allah(swt) grant you success

Wassalam,

Syed Haider