Hello, what to do if the status of a stock changes ?
In my case i bought 3M Co when ist was compliant.
Now the status changed to non Compliant.
Sell with loss or wait till the loss is at zero?
3m was sharia compliant over years.
Thank you
Assalamu alaykum Muhammed,
It appears that MMM’s market cap has been steadily declining due to litigations. What happened to turn it non-compliant appears to be that the market cap dropped far enough that the company’s level of debt became greater than 30% of its market cap.
Aleyküm Selam, thank you very much for your Response brother.
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