Shaykh (Maulana) Khalid Saifullah Rahmani writes in Halal wa Haram, “The Walima feast and its preparation is dependent upon the financial status and means of the individual as
The time of Walima:
It is stated in al-Fatawa al-Hindiyya:
“It is recommended to invite neighbours, relatives and friends.” (5/343)
Thus, one should invite family-members, relatives, friends, associates, scholars and pious people and others. It is wrong to invite only rich people or those who are regarded to be from the upper-class.