Is it permissible for me to sell my shares to a person in installments, then sell them to him whenever the buyer wishes, knowing that the shares do not enter his account, but only the money?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
If the buyer authorizes you to sell the shares after purchasing them from you, this is permissible. However, it is not permissible for you to buy them for yourself, because agency in selling means selling to another person, not to yourself, and because this gives rise to suspicion. The prohibition is confirmed if you sell them in installments and then buy them back from the first buyer for cash at a lower price, as this constitutes the forbidden 'riba al-'inah (usury of deferred payment and repurchase). The terms of the agency must be adhered to.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/107743
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 107743
- 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