Salaam
I have recently opened a trading 212 invest account but after watching the video on ifg the other day, I have realised this is problematic so will be switching brokers.
However, I would like to ask about the compliance of receiving free stocks through the referral program.
If you refer a friend you and your friend both receive a free share upto the value of 100 GBP. You can do this a maximum of 20 times.
My thinking was if I receive the free share and it is shariah compliant then I can either hold onto that share or take profits from it. If it is not a shariah compliant share then I will sell the share and donate all that money to charity.
If I’m not purchasing the share and only receiving it for for free would this be okay because I’m not actually putting my real money into haram activities that trading 212 engages in. I’m receiving these shares for free.
JazakAllah