Taking back one's capital amount from a haraam investment
Question
Once I bought a prize bond, but when I realized it's not permissible, I sold it back.
Is the money from selling it back that was originally mine will also be considered as haraam or halaal?
Simply I just refunded back my investment upon knowing that the prize of the bond is haraam?
Answer
You can take back your capital amount.
And Allah Ta'ala (الله تعالى) knows best.
- Answered by
- Mufti Zakaria Makada
- Checked & approved by
- Mufti Ebrahim Salejee (Isipingo Beach)
Where scholars differ, it’s safer to take the more cautious view.
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Source: Mufti Online — Madrasah Ta'leemuddeen — https://muftionline.co.za/node/36433
Fatawa SA: https://fatawa.co.za/fatwa/muftionline-36433
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