Is it permissible to sell shares purchased on the stock exchange on the same day before the settlement and transfer of ownership are completed, knowing that the settlement may occur on the same day between the seller and the new buyer?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
If the entry of shares into the portfolio is considered possession عرفًا (customarily), then it is permissible to sell them, and the delay in registering them in your name does not affect this.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/192183
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 192183
- 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.
- Read the full ruling
- Read the full answer on Ftawy