Is short selling on the stock exchange permissible, knowing that its method involves borrowing a share and selling it at a certain price, then buying it at a lower price to return it to the platform?

Short selling or "selling naked" in stock markets means that an investor sells shares he does not own but rather borrows, expecting their price to fall so he can buy them back at a lower price and return them to their owner, thereby making a profit which is the difference between the two prices. Most contemporary scholars have ruled this type of selling to be unlawful, because it falls under the category of selling what one does not own, a ruling affirmed by the Islamic Fiqh Academy.