{"_id":"69efbb2f1d0c41b29b185c92","title":"{\"ops\":[{\"insert\":\"Does the settlement period affect the permissibility of stock trading before ownership is complete?\\n\"}]}","question":"{\"ops\":[{\"insert\":\"I previously asked about forex trading and was told it is impermissible. I then read that stock trading can be permissible if there is actual ownership, which was described as occurring after settlement (previously T+2, now T+1 in U.S. markets).\\n\\nGiven this, does the ruling now follow the T+1 settlement cycle? Does this mean true day trading is not possible since ownership is not complete within the same day?\\n\\nAdditionally, if a stock’s price changes significantly before settlement is complete, can one sell it, or must they wait until ownership is finalized? What about automatic stop-loss orders that execute before settlement - would those also be impermissible?\\n\"}]}","answer":"{\"ops\":[{\"insert\":\"All of these questioned have been answered. As per the Islamic Shariah, a person is not given any agency over an asset until there is a complete transfer of ownership.\\n\"}]}","tags":[{"_id":"68a505f82cc850e0af1037be","tag":"Finance: Investments & Trading","count":17}],"createdOn":"2026-04-27T19:38:23.308Z"}