Title: I intend to buy shares of shariah compliant companies with a intention of investment / business. Once these shares come into my posession, can i sell them immediately if I notice that the price is going down? Is there any minimum time frame that i need to wait before I sell them on moral ground?

Question: Bismillah Hirrahman Nirraheem Assalaam Alaikum, I intend to buy shares of shariah compliant companies with a intention of investment / business. Once these shares come into my posession, can i sell them immediately if I notice that the price is going down? Is there any minimum time frame that i need to wait before I sell them on moral ground? Wassalaam!

Answer ID: 5280Posted on: Sep 1, 2020

Bismillah hir-Rahman nir-Rahim !

(Fatwa: 714/664=D/1429)

If you have purchased and possessed the shares of any lawful company (i.e. you are responsible of its profit and loss) then you can sell them.