Is it permissible to engage in short selling in the stock market as some online resources argue against it, citing the principle of "not selling what you do not own"?
Is it permissible to engage in short selling in the stock market as some online resources argue against it, citing the principle of "not selling what you do not own"?
Sayyed Mohammad Al-Musawi, Sayyed Mohammad al-Musawi is originally from Iraq and heads up the World Ahlul Bayt Islamic League in London. Other than being involved in various humanitarian projects, he frequently responds to... Answer updated 1 year ago
Short selling is permissible as far as you deal with shares of companies engaged in lawful business only and not indulged in unlawful activities like usury, alcohol, gambling, etc.
‘When you buy a share for a short while, you will own that share for that short period, then sell it.
Wassalam.