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The question

Is it Islamically permissible to sell at a price higher or lower than the current price in the future, with full ownership of the shares and without borrowing or selling debts?

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Source: FtawySummary from Ftawy's records · added here Sep 2, 20261 min readAlso available in العربية
The answer

It is permissible to sell shares automatically when the share reaches a specific price chosen by the seller. This is considered an authorization to sell. It is stipulated that the shares must be owned by the seller and that the company's activity must be Islamically permissible.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
187033
Added here
. This is when the answer was added to El Fatwa, not the fatwa's date.
Text
Summary from Ftawy's records, reviewed by El Fatwa's sharia committee.
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Read the full answer on Ftawy