Salam Aleykum, i had listed a complaint stock on my list, but it had turned non compliant. So when i bought it, it was already non compliant and I didn’t know it, i had some profit and i am still holding that stock, and later on i realized it is non compliant!
What should i do with the profit i made, should i purify my wealth, and can i wait for the stock price to recover in order to sell without a loss?
Salaam and welcome, @umerselmani! Don’t worry, this has happened to most of us at some point. We’ve outlined some general suggestions in our FAQs (link below) on what to do in this situation.
https://help.zoya.finance/en/articles/4189829-how-do-i-purify-my-investments
Salaam Saad!
In the FAQ you mention that you cover the AAOIFI methon. I can’t find the relevant place in the AAOIFI standards, maybe you have a reference for this?