Is Wearing Of Expensive Time-piece Such As A Rolex Or Omega Considered Haram?
This has to be decided by the person and cultural norms that a certain thing is or has become a thing to show pride or haughtiness or that it arouses haughtiness in him. To wear an expensive watch or use an expensive car and the things like that are not exclusively used to show pride or haughtiness but indicate a person’s financial status and this is allowed. The prophet in his reply to a similar question said that God loves to see the traces of His blessings on the person and that God is beautiful and He loves beauty. However, if a person feels proud or haughty, which means he looks down upon others who do not have what he has, then it is for him not good to wear.
A thing of pride (which needs to be avoided) should be a thing of pride or boastfulness to all, not to some segment of society or some people. Otherwise it would be just a sign of one’s status and this is not a problem.