Trading in gold online without taking physical possession

Q: I traded with gold online without knowing that I have to take physical possession and because it's online you cannot take physical possession of it. 

Is it permissible for me to take back my capital or should I give it as sadaqah without the intention of reward?

A: You can take back your capital amount and give the profits to the poor without the intention of receiving any reward.

And Allah Ta'ala (الله تعالى) knows best.

 

Answered by:

Mufti Zakaria Makada

Checked & Approved:

Mufti Ebrahim Salejee (Isipingo Beach)