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Is selling shares in installments for the purpose of Tawarruq – with the buyer taking possession of the shares then authorizing me to sell them and hand over the price to him – Islamically permissible?

1 min readAlso available in العربية

What was mentioned about selling shares in installments and then the buyer authorizing the seller to sell them for cash to someone else—if the transaction is real and not a trick—does not appear to have any Sharia impediment.

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

Read the full answer on Ftawy