Title: I am trading in share market, I want to know that if i sold shares in the morning after market starts and buy shares (which i sold in the morning or before some time) after some time in that day before closing the market, which is called short position/transaction, is it HALAL or HARAM?

Question: I am trading in share market, I want to know that if i sold shares in the morning after market starts and buy shares (which i sold in the morning or before some time) after some time in that day before closing the market, which is called short position/transaction, is it HALAL or HARAM?

Answer ID: 4755Posted on: Sep 1, 2020

Bismillah hir-Rahman nir-Rahim !

(Fatwa: 1538/1172=H/1429)

If the shares take some day?s time to covert to freeze assets, it is unlawful to sell the shares before that, rather is ir haram.