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?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
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 impediment.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/139920
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 139920
- 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