Trading shares and stocks : putting money in stock investments

Fatawa Question

Assalamu Alaykum Wa Rahmatullahi Wa Barakatuh, I worked at a small shop for a while and put the money I made in stock investments. Afterwards, I found out the work I was doing was Haram, and the money was as well. I made about $ 440, donated about $ 90 initially, spent $ 50 and invested the remainder. I believe I've compensated for the $ 50 by donating other money and plan to donate the rest, however, the stocks have gone down and show little sign of recovery in a short time. If I take out the money, say initially $ 300 to now $ 200, and donate the $ 200, will I have to compensate the $ 100 gone from transaction fees and loss with other money ? Jazakum Allahu Khairan for your constant help

Fatwa

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Publication Date

2006-02-02

Main Subjects

Economics & Business Administration
Islamic Studies

No. of Pages

1

Data Type

Fatawa

Language

English

Record ID

BIM-790491

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