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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?

1 min readAlso available in العربية

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.

Summarized from the full answer at Ftawy · reviewed Sep 2, 2026

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