Investment of a company with more than 33% debt to asset ratio?

Investment Questions and Chats Stocks
#1

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Assalamu alaykum,

I ask Allah that you find this in good health. I had recently day traded from my portfolio into a healthcare company that had a debt to asset ratio of 34.58%. It was unbeknownst to me that investing in a company with a greater debt to asset ratio of 33% deems the stock unlawful through screening. What should I do with the money in order to purify it?

Thank you for your assistance. Jazakallahu khair.

#2

Wa alaykum salaam,

You should exit the trade. You can retrieve your initial capital back. Any profit should be given in charity.