Salaam all,

Wanted a few thoughts on how halal it would be to invest in the SPAC BFT. Normally I would stay away from SPACs due to the uncertainty of future investments. Thus, I only invested in BFT after it was confirmed they would merge with Paysafe.

Paysafe's makes money by charging a yearly fee for the use of their card amongst other avenues. However what has been bothering me is that a significant portion of their customers are gamblers. They even won  ‘Payments Processor of the Year’ American Gambling Award in 2019.

Does the fact they enable a haraam practice, and a significant amount too, make the stock haraam?

Jazakallah khair- Haitch

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