Purifying capital gains

[Mufti_Faraz_Adam]

Assalaamu alaykum,

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What to do with my capital gains? Does it need purification ? Is it Halal for me to use?

Assalaamu alaykum, Purifying capital gains remains a debated issue. Some scholars argue that capital gains’ purification is not necessary, since the change in the stock price does not reflect the interest income, while others advocate capital gains purification. Those who are in favor of capital gains purification argue that it is safe not to utilize or benefit from impure income that might be reflected in the capital gains. This is because, fundamentally, the market price capitalizes the comp…