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Halaal Finance Made Simple: Ethical Investing, Zakat, Wills, Sadaqah & Mortgages in the UK
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Halaal Finance Made Simple: Ethical Investing, Zakat, Wills, Sadaqah & Mortgages in the UK
  • Home
  • Investment
    • Investment
    • Investment Providers
    • Stocks, Funds, Gold
    • Halaal vs Conventional
    • Investment FAQ’s
  • Mortgage
    • Mortgages
    • What is
    • Islamic Home Finance
    • Is It Halaal
    • Compare Home Finance
  • Wills
    • Wills
    • Will Providers
    • Write Your Will
    • Shariah VS UK Law
    • Writing Will
    • FAQ’s
  • Zakat
    • What is Zakat
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    • Who Pay’s Zakat?
    • Pay Zakat On?
    • Who to Pay Zakat?
    • Calculate Zakat
    • Zakat Questions
  • Sadaqah
    • Sadaqah: Giving
    • What is Sadaqah?
    • Sadaqah Jariyah?
    • Who Can Receive Sadaqah?
    • Sadaqah vs Zakat
    • Sadaqah in Daily Life

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  • Sadaqah in Daily Life
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  • Halaal Investment – How to grow your wealth while staying true to your faith?
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Can I purify past income earned through haram investments?

  • Posted byby akhtar
  • 9 months ago
  • 0 Comments
  • 1 min
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A

Can I purify past income earned through haram investments?

Category: Halaal vs Conventional Investing FAQ's

Yes. Scholars advise giving away any gains from haram sources as charity, without expecting reward. You should then move your money into halaal options going forward.

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At Halaal, we think it’s only fair you know where we stand. We’re a financial education and journalism platform, here to share knowledge about investing and saving through a faith-conscious lens. We don’t offer personal financial advice. If you’re unsure what’s suitable for your circumstances, please speak to a qualified financial adviser.

If you choose to invest, make sure to read our key investment notes. Keep in mind that returns can change, values may rise or fall, and you might get back less than what you put in. All investments carry risk, including the risk to your capital.

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