Question Summary:
Is it permissible to perform Hajj with money gained through selling shares of a company?

Question Detail:

 
I  STARTED  WORKING IN A MNC COMPANY (  DOING WATER TREATMENT PROJECTS)  FOR THE PAST 12 YEARS, OUR COMPANY WHEN IT HAS GROWN WELL  AND THE  SAME COMPANY IS  TAKEN OVER BY THE INDIAN MANAGEMENT  . DUE TO  THIS REASON OUR MANAGEMENT  ISSUED SHARES(ESOP)  TO ALL  THE OLD STAFF, DURING THE YEAR 2006.
THOSE SHARES  WE ARE SUPPOSE TO PAY ARROUND  RS 200 /SHARE TO THE COMPANY  . NOW IT HAS GON UP BY  RS 650 . LAST WEEK I BUY  THOSE SHARE FROM MY COMPANY FOR RS200.   THROUG SOME FINANCING /FUNDING AGENCY.
( I HAVE NOT INVESTED MY OWN  MONY I GOT LOAN FOR THE BASIC PRICE OF SHARE FROM SOME FUNDING COMPANY)AND  EACH SHARE I SELL  IT IN MARKET FOR RS 650  LIKE THIS AFTER DEDUCTING ALL MY LOAN VALUES AND  TAXES  I MAY GET ARROUND RS 300,000 . 
 
NOW MY QUESTION IS.  IS IT PERMISSIBLE TO  GO / PERFORM HAJ IN THIS MONY ( AFTER SELLING MY ALLOTED SHARES IN THE MARKET).
 
THANKS
 
AKRAM SHARIFF
 

Answer :

In the Name of Allah, the Most Gracious, the Most Merciful.
As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh.
It is permissible to use the money gained through selling these shares[1] to perform Hajj[2].
And Allah Ta’āla Knows Best
Bilal Mohammad
Student Darul Iftaa
New Jersey, USA 
Checked and Approved by,
Mufti Ebrahim Desai.
www.daruliftaa.net